A purchased an article for ₹1400. He sold it to B at 25% profit. B sold it to C at 20% profit. C sold it to D at 15% loss. What is the cost price for D?
A purchased an article for ₹1400. He sold it to B at 25% profit.
Selling price for A = Cost price for B = 1400 of (100+25)%
= 1400 of 125%
= $$\frac{1400\times125}{100}$$
= ₹1750
B sold it to C at 20% profit.
Selling price for B = Cost price for C = 1750 of (100+20)%
= 1750 of 120%
= $$1750\times\frac{120}{100}$$
= 2100
C sold it to D at 15% loss.
Selling price for C = Cost price for D = 2100 of (100-15)%
= 2100 of 85%
= $$2100\times\frac{85}{100}$$
= 1785
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