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Question 72
Mohit sells a Almirah to Rohit at a profit of 11% and Rohit sells it to Neha at a profit of 20%. If Neha pays ₹ 6,200 for it. then the cost price of almirah for Mohit is:
Solution
Mohit's CP=x
Mohith's SP=1.11x
Rohit's CP=1.11x
Rohit's SP=1.11*1.2x
Neha's CP=1.11*1.2x
1.332x=6200
x=6200/1.332
x=4654.654
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