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Anna sold his car Boney at a profit of 20% and Boney sold it to Chakori at a profit of 10%. Chakori sold it to mechanic at a loss of 9.09%.Mechanic spent 10% of his purchasing price and then sold it at a profit of 8.33% to Anna once again. what is the loss of Anna?
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- 23%
- 29%
- 50%
- 40%
Correct Option: A
Anna:
CP = 100
SP = 120
Boney:
CP = 120
SP = 132
Chakori:
CP = 132
SP = 120
Mechanic:
CP = 120 + 12 = 132
SP = 143
Loss of Anna = 143 - 20 = 23
% loss of Anna = (23 / 100) x 100 = 23%
