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    Question

    Ankit bought a sofa for Rs. (7000 + x). He sold it to Zoya

    at a profit of 20%. Zoya sold it to Kunal at a profit of 10%, and Kunal sold it to Tanya at a profit of 15%. If Tanya paid Rs. 10,626 for the sofa, then find the value of 'x'.
    A 500 Correct Answer Incorrect Answer
    B 400 Correct Answer Incorrect Answer
    C 800 Correct Answer Incorrect Answer
    D 315 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    ATQ,

    (7000 + x) × 1.20 × 1.10 × 1.15 = 10,626

    Or, 7000 + x = (10626 / 1.518)

    So, x = 7000 - 7000 = 0

    Therefore, the value of 'x' is 0

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