Question

Person A sold a watch at a profit of 25% to B, now B spent 500 on its repair. B sold the same watch for 2275 to C and hence earned a profit of 30%, find the cost price of the watch to person A .Please help with steps

Answer 1

Step-by-step explanation:

B sold the watch at 30% profit

130%=2275

100%=2275×100/130=1750

cost price of B=(1750-500)=1250Rs

A sold the watch at 25% profit

125%=1250

100%=1250×100/125Rs=1000Rs

cost price of A is Rs 1000