Rohit sold an article to Kartik at a profit of 2.5% and Kartik sold this article to Manish at a loss of 10% . Manish paid ₹9.90 to Kartik. Find the cost price of the article for Rohit
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Answer:
- Cost price of the article for Rohit is ₹10.73.
Step-by-step explanation:
Given that:
- Rohit sold a article to Kartik at a profit of 2.5%.
- Kartik sold that article to Manish at a loss of 10%.
- Manish paid ₹9.90 to Kartik.
To Find:
- Cost price of the article for Rohit.
Let us assume:
- The cost price of the article for Rohit be x.
Calculating SP for Rohit:
As we know that,
Substituting the values,
Solving the bracket,
Multiplying,
Hence, SP for Rohit = 102.5x/100
Now,
- CP for Kartik = 102.5x/100
Calculating SP for Kartik:
As we know that,
Substituting the values,
Solving the bracket,
Cutting off The zeros,
Multiplying,
According tot he question:
Transposing 1000 from LHS to RHS and changing its sign,
Multiplying RHS,
Transposing 922.5 from LHS to RHS and changing its sign,
Dividing RHS,
Hence,
- x = 10.73
Therefore,
- Cost price of the article for Rohit = x = ₹10.73
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