Ram sold an item costing Rs. 1,250 at a gain of 18% to Ramesh. It was again sold by Ramesh to Shyam at a loss of 10%. Find the selling price of Ramesh.
Answer & explanation
Correct answer: option 4
Ram Ramesh Shyam
Let CP 100---(+18%)------118-------- (-10%)-------106.2
⇓ ×12.5 ⇓ × 12.5
1250 Given 1327.5