A sold a watch to B at 40% gain and B sold it to C at a

Home » Aptitude » Profit and Loss » Question

A sold a watch to B at 40% gain and B sold it to C at a loss of 20%. if C bought the watch for ₹ 432, at what price did A purchase it ?

1. ₹ 385.71
2. ₹ 216
3. ₹ 250
4. ₹ 550

Correct Option: A

Let A purchased the watch for ₹ N
A x [(1+ r₁) /100] x [(1+ r₂) /100] = CP of article given by C

⇒ N x (140/100) x (80/100) = 432
∴ N = (432 x 100)/(14 x 8) = ₹ 385.71