P sold an article to Q at a profit of 20%. Q sold the same article to R at a loss of 25%. R sold the same article to T at a profit of 50%.If P bought the article at ?100, then at what price did T buy that article?
Show answer & explanation
Correct answer: D
Explanation
Correct Answer is option 4 i.e. Rs. 135
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Understanding |
Application |
Calculation |
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P bought the article at Rs. 100 and P sold it to Q at a profit of 20%. |
Amount paid by Q = Rs. 120
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⇒ 100 × 1.2 = 120 |
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Q sold the same article to R at a loss of 25%. |
Amount paid by R = Rs. 150
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⇒ 120 × 0.75 = 90 |
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R sold the same article to T at a profit of 50%. |
Amount paid by T = Rs. 135
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⇒ 90 × 1.5 = 135 |