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'.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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