Question

Ravi sold an Article to Sudhir at a profit of 6% who in turn sold it to Gopal at a loss of 5%. If Gopal paid Rs.2014 for the article, find the cost price of the article for Ravi.

Pls explain with method. Don't just give the answer just like that.

Answer 1

Cost price of the article for ravi Rs. 2000/-

Step-by-step explanation:

Sudhir sold an article at a 5 % loss,

Then,

95% = 2014

100% = $\frac{2014}{95} \times 100$

100% = $\frac{201400}{95}$

100% = 2120

cost price Rs .2120/- of an article for sudhir and selling price Rs.2120/- for ravi,

Ravi sold an article to sudhir at 6% profit ,

Then,

106% = 2120

100% = $\frac{2120}{106}\times 100$

100% = $\frac{212000}{106}$

100% = 2000

Cost price of the article for ravi Rs. 2000/-

Answer 2

Answer: The cost price of the article for Ravi is Rs 2000