Question 52

X sold a toy to Y at a profit of 50% and Y sold it to Z at a loss of 50%. If X purchased this toy for ₹12,000, then at what price did Z purchase this toy from Y?

Solution

If X purchased this toy for ₹12,000.

X sold a toy to Y at a profit of 50%.

Selling price of toy for X = Cost price of toy for Y = 12000 of (100+50)%

= 12000 of 150%

= $$12000\times\frac{150}{100}$$

= 18000

Y sold it to Z at a loss of 50%.

Selling price of toy for Y = Cost price of toy for Z = 18000 of (100-50)%

= 18000 of 50%

= 9000

Z purchased this toy from Y at ₹9,000.

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