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Reshma Sells an Article to Rekha at 37.5% Profit, Rekha Sells It to Madhu at 9 1 11 % Profit. Again Madhu Sells It to Mitu at 25% Loss. If Mitu Pays Rs.342 for the Article, Then What is the Cost

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Question

Reshma sells an article to Rekha at 37.5% profit, Rekha sells it to Madhu `9 1/11%` at profit. Again Madhu sells it to Mitu at 25% loss. If Mitu pays Rs.342 for the article, then what is the cost price of the article to Reshma?

Options

  • Rs.304

  • Rs.266.50

  • Rs.380

  • Rs.384.75

MCQ
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Solution

Rs.304

Explanation:

The cost price of the article to Reshma

`=342xx100/((100-25)) xx 100/ ((100+9.09) )xx 100/((100+37.5))`

= RS. 304

shaalaa.com
Profit and Loss (Entrance Exam)
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2017-2018 (May) Set 1

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