Question

Tomba sells an article at a profit of 4% to his customer Sarat, who in turn sells it to Yaima at a profit of 5%. If yaima pays Rs 273 to Sarat for the article, what is the original CP of the article?

Answer 1

Hey.

Here is the answer.

Let x be the CP of the article.

so, Tomba sells at 4% profit = x+ 0.04x

so, Sarat sells at 5% profit = (x+0.04x) + 0.05×(x+0.04x) which is paid by Yaima =273
so, x+0.04x + 0.05x + 0.0020x =273
so, 1.092x =273
so, x = 273/1.092 = Rs 250 is the CP

Thanks.

Answer 2

Hope my answer helped you

That's the right answer