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    Question

    Devesh sells his car to Pranav at a profit of 20% who

    sells it to Hemraj at a loss of 20%. Hemraj, after finding some scratches in the car, returns it to Pranav, but Pranav deducted  th of the amount he got while giving the money back to Hemraj. Find Hemraj’s loss (in Rs.) in the transaction if Devesh bought the car for Rs. 3,50,000.
    A 57,000 Correct Answer Incorrect Answer
    B 42,000 Correct Answer Incorrect Answer
    C 37,500 Correct Answer Incorrect Answer
    D 39,300 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Let Devesh’s C.P = Rs. 100 Devesh’s S.P = Pranav’s C.P = Rs. 120 Then, Pranav’s S.P = Hemraj’s C.P = 80% of 120 = Rs. 96 After deduction, Hemraj’s loss  =1/8× 96 = 12 When Devesh pays Rs. 100, Hemraj’s loss was Rs. 12 When Devesh paid Rs. 3,50,000, Hemraj’s loss = 12/100  × 3,50,000 = Rs. 42,000

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