Sravya bought a watch for 480 rupees . She sold it to Ridhi at a gain of 61/4% . Ridhi sold it to Divya at a gain of 10% . How much did Divya pay for it ?
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Cost price of watch (for Sravya) = Rs 480
Gain = %
Gain = 25/4%
selling price = CP(100 + gain)/100
= 480 * (100 + 25/4)/100
= 480 * (425)/100
= 510
SP of watch is Rs 510
That is cost price of watch (for Ridhi)
= Rs 510
Gain = 10%
Sp = 510 * (100 + 10)/100
SP = 510* (110)/100
SP = 561
SP of watch (to Divya) is Rs 561
Hence Divya has to pay Rs 561 to purchase the watch.
Hope this help you........,
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