Question
'P' sold an item to 'Q' making a
20% profit. 'Q' then sold the item to 'R' at a 10% loss for Rs. 1728. Subsequently, 'R' sold the item to 'S' with a profit of 25%. If 'S' had purchased the item directly from 'P' at the same price, what would have been 'P''s profit %?Solution
ATQ, Cost price for Q = 1728/0.9 = Rs. 1920 Cost price for P = 1920/1.2 = Rs. 1600 Cost price for S = 1.25 × 1728 = Rs. 2160 Required % = (2160 – 1600)/1600 × 100 = 35%
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