Question

    A sells a watch to B at a profit of 33% and B sells it

    to C at a loss of 20%. If C pays ₹532, then what was the cost price for A?
    A ₹500 Correct Answer Incorrect Answer
    B ₹800 Correct Answer Incorrect Answer
    C ₹400 Correct Answer Incorrect Answer
    D ₹600 Correct Answer Incorrect Answer

    Solution

    Let the price at which A buys the watch is 100x. A sells the watch to B at 100x(1 + 33%) ⇒ 133x B sells the watch to C at 133x(1 - 20%) ⇒ 106.4x According to Question – 106.4x = 532 x = 5 100x = 500 I paid Rs. 500 for the watch.

    Practice Next