Home » Aptitude » Profit and Loss » Question
  1. A sells a cycle to B at a profit of 5% and B sells it to C at a profit of 10%. If C pays $ 2310 for it, the cost price of A is
    1. $ 2000
    2. $ 2100
    3. $ 1900
    4. $ 2010
Correct Option: A

Let the C.P. for A be $ y, then
According to question,

y ×
105
×
110
= 2310
100100

⇒ y =
2310 × 100 × 100
= $ 2000
105 × 110

We can find required answer with the help of given formula :
Here, r1 = 5%, r2 = 10%
C.P. for C = C.P. for A

2310 = C.P. for A

C.P. for A =
2310 × 100 × 100
= 2000
105 × 110



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