Question

Ram sold in laptop to say I'm at a profit of 10% Shyam sold the same laptop to Jaddu at a profit of 10% If Jaggu paid 363001 laptop what was the CP for Ram

Answer 1

Let the cost price be x

Ram Sold Laptop to shyam at 10% =

selling price = cost Price + cost Price ×Profit percentage

= x + 10%of x = x + 0.1x = 1.1x

Shyam Sold the same Laptop to jaggu at 10%

1.1x + 10%(1.1x) = 1.1 x + 0.011x = 1.111x

Sales price = 363001

1.111x = 363001

x = 363001/1.111

x = 326734 is the cost price