Question
Anita sold a gadget to Bhavesh making a profit of 15%.
Bhavesh then sold it to Chetan at a gain of 25%. If Chetan purchased the gadget for Rs. 690, find the amount Anita originally paid for it.Solution
ATQ,
Let, the price at which Anita bought the gadget be Rs. ‘x’
So, cost price of gadget for Bhavesh = 115% of x = Rs. 1.15x
And, cost price of gadget for Chetan = 125% of 1.15x = Rs. 1.4375x
Therefore, 1.4375x = 690
x = 480
So, the price at which Anita bought the gadget = Rs. 480
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