Question 73

‘A’ sells a suitcase to 'B' at 10% profit. 'B’ sells it to 'C' at 30% profit for Rs.2860. What is the cost price for 'A'?

Solution

According to the question

Let the cost price of the suitcase for A be ₹x, then

110% of 130% of x =2860

x×$$\frac{110}{100}$$×$$\frac{130}{100}$$=2860

x=$$\frac{2860}{110}$$×$$\frac{100}{130}$$×$$\frac{100}{1}$$

x=₹2000

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