Rita sold a bicycle to Gita at a profit of 25% and Gita sold it to Sita at aloss of 20% .If Sita paid
Rs 5 ,000 for the bicycle .At what price Rita purchased the bicycle.
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Answer:
The price at which Rita purchased the bicycle is Rs. 5000.
Step-by-step explanation:
Sita purchased = Rs. 5000
Let Gita bought from Rita at Rs. x.
So, 80x/100 = 5000
=> 4x/5 = 5000
=> x = Rs. 6250
So, Rita sold to Gita = Rs. 6250
Let the price at which Rita purchased be Rs. y.
So, 125y/100 = 6250
=> 5y/4 = 6250
=> y = Rs. 5000
So, the price at which Rita purchased the bicycle is Rs. 5000.
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