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A man purchased an article and sold it to B at a profit of 25% and B sold it to C at a loss of 10% and C paid $ 675 for it. For how much did A purchase it (in $)?
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- 625
- 575
- 600
- 550
Correct Option: C
Let the C.P. of A be $ y, then
According to question ,
× | = 675 | 100 | 100 |
⇒ y = | = $ 600 | 125 × 90 |
Using the given formula :
Here, r1 = 25%, r2 = 10%, (Loss)
C.P. for C = C.P. for A |
675 = C.P. for A |
C.P. for A = | = $ 600 | 125 × 90 |