Rajan bought a book for Rs.180 and sold it to Sajan at a profit of 20% Sajan sold that book to Nirajan at a loss id 20% At what price Nirajan should sell the book to receive 5% . profit ?
Answers
Step-by-step explanation:
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Correct Question
Rajan bought a book for ₹180 and sold it to Sajan at a profit of 20%. Sajan sold thag book to Nirajan at a loss of 20%. At what price should Nirajan should sell the book to receive 5% of profit?
Answer
Given :
Cost paid by Rajan to buy book : ₹180
Profit percent of Rajan : 20%
Loss percent of Sajan : 20%
To find :
The profit percent obtained to Nirajan while selling that book.
Solution :
First, we should find the selling price of Rajan. The selling price of Rajan is same as cost price of Sajan.
Selling price of Rajan :
Now, let's find the selling price of Sajan. The selling price of Sajan is same as cost price of Niranjan.
Selling price of Sajan :
Now, we can find our answer to this question.
Selling price of Nirajan :
Hence, Nirajan should sell that book at ₹181.44 to recieve a profit of 5%.