Home » Aptitude » Profit and Loss » Question
  1. A sells a suitcase to B at 10% profit. B sells it to C at 30% profit. If C pays $ 2,860 for it, then the price at which A bought it is
    1. $ 1,000
    2. $ 1,600
    3. $ 2,000
    4. $ 2,500
Correct Option: C

Here , C pays = $ 2,860
Let the C.P. of the suitcase for A be $ y, then
According to question ,

y ×
110
×
130
= 2860
100100

⇒ y =
2860 × 100 × 100
= $ 2000
110 × 130



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