A sells a bicycle to B at a profit of 20 % an | vedclass

Name: Exam Paper Generator | JEE NEET Paper Generator | Vedclass
Brand: Vedclass
Rating: 5 (35 reviews)

Question

(B) Let the cost price $(CP)$ for $A$ be $Rs. x$.$A$ sells the bicycle to $B$ at a profit of $20 \%$,so the selling price for $A$ (which is the cost p

Vedclass · Accepted Answer

$1000$

Vedclass · Answer

(B) Let the cost price $(CP)$ for $A$ be $Rs. x$.$A$ sells the bicycle to $B$ at a profit of $20 \%$,so the selling price for $A$ (which is the cost price for $B$) is:$CP_B = x + 0.20x = 1.20x$.$B$ sells the bicycle to $C$ at a profit of $25 \%$,so the selling price for $B$ (which is the cost price for $C$) is:$CP_C = 1.20x + 0.25(1.20x) = 1.20x + 0.30x = 1.50x$.Given that $C$ pays $Rs. 1500$,we have:$1.50x = 1500$.Solving for $x$:$x = \frac{1500}{1.50} = 1000$.Therefore,$A$ paid $Rs. 1000$ for the bicycle.

$A$ sells a bicycle to $B$ at a profit of $20 \%$ and $B$ sells it to $C$ at a profit of $25 \%$. If $C$ pays $Rs. 1500$,what did $A$ pay for it in $Rs.$?

Similar Questions

By selling a book for $Rs. 360$,$20\%$ profit was earned. What is the $CP$ of the book in $Rs.$?

An article is marked for sale at $Rs. 504$. The shopkeeper gives a discount of $5\%$ on the marked price and still earns a profit of $20\%$. What is the cost price of the article? (in $Rs.$)

$A$ shopkeeper sold an article for $Rs. 400$ after giving a $20\%$ discount on the labelled price and made a $30\%$ profit on the cost price. What would have been the percentage profit,had he not given the discount (in $\%$)?

Anil started a business with an investment of $Rs. 25,000$. After $3$ months,Vishal joined his business with a capital of $Rs. 30,000$. At the end of the year,they made a profit of $Rs. 19,000$. What will be Anil's share in the profit? (in $Rs.$)

If the cost price of $21$ watches is equal to the selling price of $18$ watches,then what would be the gain percent in this transaction?

Vedclass Test Series

Exam Paper Generator

Online Exam Module