SSC Quantitative Aptitude Profit and Loss Question Bank Profit Loss and Discount (II)

  • question_answer
    A sells a suitcase of B at 10% profit. B sells it to C at 30% profit. If C pays Rs. 2860 for it, then the price at which A bought it is

    A) Rs. 1000

    B) Rs. 1600

    C) Rs. 2000

    D) Rs. 2500

    Correct Answer: C

    Solution :

    [c] Let A bought the suitcase for Rs. x Then, 110% of 130% of x = 2860 \[\Rightarrow \]   \[\frac{110}{100}\times \frac{130}{100}\times x=2860\] \[\Rightarrow \]   \[x=2860\times \frac{100}{110}\times \frac{100}{130}=\text{Rs}.\,\,2000\]


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