Question 65
Rekha sells a DVD player to Liza at a profit of 15% and Liza sells it Megha at a profit of 25%. If Megha pays ₹ 2875 for it, then what was the cost price for Rekha.
Solution
Let the Rekha's cost price =x
Rekha's selling price=1.15x
Liza's cost price=1.15x
Liza's selling price=1.15x
Megha's cost price=1.25*1.15x
=1.4375x
1.4375x=2875
x=2875/1.4375
x=Rs 2000
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