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A sells an article to B making a profit of (1 / 5) of his outlay. B sells it to C, gaining 20%. If C sells it for $ 600 and incurs a loss of (1 / 6) of his outlay, the cost price of article for A is
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- $ 600
- $ 500
- $ 720
- $ 800
Correct Option: B
If the C.P. for A be $ x, then
From the question ,
= 600
⇒ x × | × | × | = 600 | | 5 | 5 | 6 |
⇒ x = | = $ 500 | 6 |