A sells an article to B at a loss of 20%, B sells it to C at a profit of 12.5% and C sells it to D at a loss of 8%. If D buys it for Rs.248.40 , then what is the difference between the loss incurred by A and C?
Show answer & explanation
Correct answer: C
Explanation
The correct answer is Option 3 i.e. Rs.38.40.
| Understanding/Application |
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C.P. for D = Rs. 248.40 Loss for C = 8% C.P. for C = Rs. (248.40 × 100)/92 = Rs. 270 Loss of C = 270 - 248.40 = Rs. 21.60 |
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S.P. for B = Rs. 270 Profit = 12.5% C.P. for B = (270 × 100)/112.5 = Rs. 240 S.P. for A = Rs. 240 Loss = 20% C.P. for A = (240 × 100)/80 = Rs. 300 Loss for A = 300 - 240 = Rs. 60 Difference between loss for A and C = 60 - 21.60 = Rs. 38.40 |