Question
Neha purchased a bicycle for Rs. 8,000 and sold it to
Heena, making a profit of 12%. Heena then spent Rs. 640 on repairs and sold the bicycle to Tina, earning a profit of 15%. What was the final price Tina paid for the bicycle?Solution
Price at which Heena bought the cycle = 1.12 X 8,000 = Rs. 8,960 Price of cycle after Heena spent Rs. 640 on it = 8,960 + 640 = Rs. 9,600 Price at which Tina bought the cycle = 1.15 X 9,600 = Rs. 11,040
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