Question
‘X’ sold an item to ‘Y’ at 25% profit, who then
sold it to ‘Z’ at a profit of Rs. 60. If the difference between cost price of the item for ‘Z’ and cost price for ‘X’ is Rs. 95, then find the profit earned by ‘X’.Solution
ATQ,
Let the cost price of the item for ‘X’ be Rs. 100x
So, cost price for ‘Y’ = 100x × 1.25 = Rs. 125x
So, cost price for ‘Z’ = Rs. (125x + 60)
ATQ:
125x + 60 - 95 = 100x
Or, 25x = 35
Or, x = 35 ÷ 25 = 1.4
So, selling price for ‘X’ = 100 × 1.4 = Rs. 140
Profit earned by ‘X’ = 140 × 0.25 = Rs. 35
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