A sold an article to B at 25% profit, who sold it to C at 20% profit. C sold it to D add to 45% loss. If D bought it for ₹ 330, then B bought the article (in Rs) for:
Show answer & explanation
Correct answer: C
Explanation
The correct answer is option 3 i.e. 500.
Given:
A sold an article to B at 25% profit,
B sold it to C at 20% profit.
C sold it to D add to 45% loss.
If D bought it for ₹ 330
Calculations:
Let the cost price of the article be 100x
According to the question,
Selling price of A = Cost price of B = 125% of 100x = 125x
Selling price of B = cost price of C = 120% of 125x = 150x
Selling price of C = cost price of D = 55% of 150x = 82.5x
Now, we know
⇒ 82.5x = 330
⇒ x = 4
B bought the article = 125x = 125 × 4 = 500