SSC MTS 2020 · PYQ · Profit and Loss · medium
A sells an article to B at 12% profit. B sells it to C at 9% loss. If C pays ₹15,288 for it, then at what price (in ₹) is the article purchased by A?
Answer
The correct answer is B: 15,000. Let A's cost = x. B buys at 1.12x, C buys at 1.12x × 0.91 = 15288.
- A.16,000
- B.15,000✓ Correct
- C.14,250
- D.16,800
Let A's cost = x. B buys at 1.12x, C buys at 1.12x × 0.91 = 15288. So x = 15288/(1.12×0.91) = 15288/1.0192 ≈ 15,000.
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