Rakesh bought a radio for rs.960 and sold it to Sumit At a profit of 5%. Sumit sold it to Manu at a profit of 10%. Fine amount paid by Manu for the radio.
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SP = 960×105/100
= 1008
CP for Summit = 1008
Gain = 10%
SP = 1008×110/100
= 1108.80
Amount paid by Mannu is 1108.80
Hope it helps
SP = 960×105/100
= 1008
CP for Summit = 1008
Gain = 10%
SP = 1008×110/100
= 1108.80
Amount paid by Mannu is 1108.80
Hope it helps
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