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Question
Harish bought a gas-chullah for ₹ 900 and later sold it to Archana at a profit of 5 per cent. Archana used it for a period of two years and later sold it to Babita at a loss of 20 per cent. For how much did Babita get it?
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Solution
For Harish: C.P. = ₹ 900, Profit % = 5
S.P. = `((100 + 5)/100) xx 900`
= 105 × 9
= ₹ 945
Now, S.P. for Harish would be the C.P. for Archana.
For Archana: C.P. = ₹ 945, Loss % = 20
S.P. = `((100 - 20)/100) xx 945`
= `80/100 xx 945`
= ₹ 756
Again, S.P. for Archana would be the C.P. for Babita.
So, Babita got the gas-chullah for ₹ 756.
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