Home › TISS-NET (PG) › mathematicalability › Profit and Loss › A sold an item to B at 20% profit. B sold it to …
A sold an item to B at 20% profit. B sold it to C at 10% loss. If C paid ₹2160, what was A's cost price?
A₹1800
B₹2200
C₹2400
D₹2000
Answer & Solution
Correct answer: D. ₹2000
1. Let A's CP = x. A's SP = 1.2x (= B's CP).
2. B's SP = 0.9 · 1.2x = 1.08x = 2160.
3. x = 2160/1.08 = ₹2000.
_Source: TSICET 2024 PYQ Q.82 (Shift 1, Profit and Loss)_
Related questions
Oscar buys a barbecue discounted 65% from an original price of $395. The sale price is:Sergio buys a belt discounted 40% from an original price of $29. The discount is:Jim's music store buys a guitar at $1,200 and marks it up 50%. The mark-up is:With a $100 mark-up on a $250 photograph, the list price is:Adam buys a photograph at $250 and marks it up 40%. The mark-up is:The list price should always be:The price a retailer pays for an item is called the:With a $17.05 discount on a $31 swimsuit, the discount rate is: