Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

A sells a tv to B at 10% profit. B sells it to C at 30% profit. If C pays Rs. 2860 for it, then the price at which A sells it is?

Options:

2000

2200

3000

2500

Correct Answer:

2200

Explanation:

30% = \(\frac{3}{10}\), 30% profit = \(\frac{13}{10}\)

ATQ,

Cost price of C = Cost price of B × \(\frac{13}{10}\)

2860 = C.P. of B × \(\frac{13}{10}\)

C.P. of B = 2860 × \(\frac{10}{13}\) = 2200 = S.P. of A