A sells an article to B at a 20% profit. B sells it to C at a 15% loss. C sells it to D at a 25% profit. If the difference between the profits of A and C is ₹49.50, then the cost price of the article for C is:
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Correct answer: A
Explanation
The correct answer is option 1 i.e. ₹918.
A → B: 20% profit
B → C: 15% loss
C → D: 25% profit
Difference between A’s profit and C’s profit is ₹49.50
The cost price of the article for C
B's CP = 100 + 20 % of 100 = 100 + 20 = ₹120
C's CP = 120 - 15 % of 120 = 120 - 18 = ₹102
C's SP = 102 + 25 % of 102 = 102 + 25.5 = ₹127.50
Profit of A = A’s SP – A’s CP = ₹120 − ₹100 = ₹20
Profit of C = C’s SP – C’s CP = ₹127.50 − ₹102 = ₹25.50
Difference between profits = ₹25.50 − ₹20 = ₹5.50
The difference between A and C’s profits is ₹49.50.
Let the actual cost price for A be ₹x.
Profit difference / x =
Actual cost price for A = ₹900
A’s CP is ₹900, C’s CP =