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Question 135
A sells a car to B at 10% loss. If B sells it for ₹5,40,000 and gains 20%. the cost price of the car for A was:
Solution
Selling Price of B = Rs.540000
Profit = 20%
Then, Cost Price of B = $$540000\times\dfrac{100}{120} = Rs.450000$$
Cost Price of B = Selling Price of A = Rs.450000
Loss of A = 10%
Cost Price of A = $$450000\times\dfrac{100}{90} = Rs.500000$$
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