Question
Download Solution PDFA sells a television to B for Rs. 4,860, thereby losing 19%. B sells it to C at a price which would have given A a 17% profit. Find the gain of B.
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFGiven:
Selling price (S.P) of A = Rs.4860
Loss% for A = 19%
Concept used:
If profit is P%, then
Selling price (S.P) = Cost price (C.P) × (100 + P)%
If the loss is L%, then
Selling price (S.P) = Cost price (C.P) × (100 - L)%
Calculation:
C.P for A = (4860 × 100)/(100 - 19)
⇒ (4860 × 100)/81
⇒ 60 × 100 = 6000
S.P of B = 6000 × 117% = Rs.7020
Gain for B = (7020 - 4860) = Rs.2160
∴ The correct answer is Rs.2160.
Last updated on May 28, 2025
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