Home » Aptitude » Profit and Loss » Question
  1. A sells a cycle to B at a profit of 20% and B sells it to C at a loss of 25%. If C bought the cycle for $ P, then the cost price of it for A was
    1. $
      1
      P
      20
    2. $
      9
      P
      10
    3. $
      9
      P
      20
    4. $
      10
      P
      9

Correct Option: D

Suppose C.P. for A = Rs. y
According to the question,

y × 120
×
75
= P
100100

⇒ y =
P × 100 × 100
120 × 75

= Rs.
10
9

We can find required answer with the help of given formula :
Here, r1 = 20%, r2 = 25% (Loss)
C.P. for C = C.P. for A

P = C.P. for A

C.P. for A =
P × 100 × 100
120 × 75

C.P. for A =
10P
9



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