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Rahul sells his laptop to Ravi at a loss of 20% who subsequently sells it to Suresh at a profit of 25%. Suresh after finding some defect in the laptop, returns it to Ravi but could recover only Rs.4.50 for every Rs. 5 he had paid. Find the amount of Suresh’s loss if Rahul had paid Rs.50,000 for the laptop ?
- a)Rs.6000
- b)Rs.7000
- c)Rs.2000
- d)Rs.5000
- e)None of these
Correct answer is option 'D'. Can you explain this answer?
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Verified Answer
Rahul sells his laptop to Ravi at a loss of 20% who subsequently sells...
Solution:
Given:
- Rahul's cost price of laptop = Rs.50,000
- Rahul sells laptop to Ravi at a loss of 20%
- Ravi sells laptop to Suresh at a profit of 25%
- Suresh returns laptop to Ravi and recovers Rs.4.50 for every Rs.5 he paid
Calculations:
1. Rahul's selling price to Ravi:
- Rahul's selling price = 80% of Rs.50,000 (20% loss)
- Rahul's selling price = Rs.40,000
2. Ravi's cost price of laptop:
- Ravi's cost price = Rs.40,000
3. Ravi's selling price to Suresh:
- Ravi's selling price = 125% of Rs.40,000 (25% profit)
- Ravi's selling price = Rs.50,000
4. Amount recovered by Suresh after returning laptop:
- Amount recovered = Rs.4.50 for every Rs.5 paid
- Amount recovered = Rs.4.50 / Rs.5 = 90% of the cost price
5. Suresh's cost price of laptop:
- Suresh's cost price = Rs.50,000
6. Suresh's loss:
- Suresh's loss = Rs.50,000 - Rs.45,000 (Amount recovered)
- Suresh's loss = Rs.5,000
Therefore, the amount of Suresh's loss is Rs.5,000. So, the correct answer is option D: Rs.5,000.0.50/5 * 50,000 = 5000
Given:
- Rahul's cost price of laptop = Rs.50,000
- Rahul sells laptop to Ravi at a loss of 20%
- Ravi sells laptop to Suresh at a profit of 25%
- Suresh returns laptop to Ravi and recovers Rs.4.50 for every Rs.5 he paid
Calculations:
1. Rahul's selling price to Ravi:
- Rahul's selling price = 80% of Rs.50,000 (20% loss)
- Rahul's selling price = Rs.40,000
2. Ravi's cost price of laptop:
- Ravi's cost price = Rs.40,000
3. Ravi's selling price to Suresh:
- Ravi's selling price = 125% of Rs.40,000 (25% profit)
- Ravi's selling price = Rs.50,000
4. Amount recovered by Suresh after returning laptop:
- Amount recovered = Rs.4.50 for every Rs.5 paid
- Amount recovered = Rs.4.50 / Rs.5 = 90% of the cost price
5. Suresh's cost price of laptop:
- Suresh's cost price = Rs.50,000
6. Suresh's loss:
- Suresh's loss = Rs.50,000 - Rs.45,000 (Amount recovered)
- Suresh's loss = Rs.5,000
Therefore, the amount of Suresh's loss is Rs.5,000. So, the correct answer is option D: Rs.5,000.0.50/5 * 50,000 = 5000
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Rahul sells his laptop to Ravi at a loss of 20% who subsequently sells...
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Rahul sells his laptop to Ravi at a loss of 20% who subsequently sells...
Let's assume that Rahul initially bought the laptop for Rs. 100.
Then, he sells it to Ravi at a loss of 20%, which means he sells it for 80% of the original price, i.e. Rs. 80.
Ravi sells it to Suresh at a profit of 25%, which means he sells it for 125% of the price he bought it for, i.e. Rs. 100 (125% of Rs. 80).
Now, Suresh returns the laptop and gets back only Rs. 4.50 for every Rs. 5 he paid, which means he gets back 90% of the price he paid, i.e. Rs. 90 (90% of Rs. 100).
Therefore, Suresh paid Rs. 90 for the laptop, which is the final amount.
Then, he sells it to Ravi at a loss of 20%, which means he sells it for 80% of the original price, i.e. Rs. 80.
Ravi sells it to Suresh at a profit of 25%, which means he sells it for 125% of the price he bought it for, i.e. Rs. 100 (125% of Rs. 80).
Now, Suresh returns the laptop and gets back only Rs. 4.50 for every Rs. 5 he paid, which means he gets back 90% of the price he paid, i.e. Rs. 90 (90% of Rs. 100).
Therefore, Suresh paid Rs. 90 for the laptop, which is the final amount.
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Rahul sells his laptop to Ravi at a loss of 20% who subsequently sells it to Suresh at a profit of 25%. Suresh after finding some defect in the laptop, returns it to Ravi but could recover only Rs.4.50 for every Rs. 5 he had paid. Find the amount of Suresh’s loss if Rahul had paid Rs.50,000 for the laptop ?a)Rs.6000b)Rs.7000c)Rs.2000d)Rs.5000e)None of theseCorrect answer is option 'D'. Can you explain this answer?
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Rahul sells his laptop to Ravi at a loss of 20% who subsequently sells it to Suresh at a profit of 25%. Suresh after finding some defect in the laptop, returns it to Ravi but could recover only Rs.4.50 for every Rs. 5 he had paid. Find the amount of Suresh’s loss if Rahul had paid Rs.50,000 for the laptop ?a)Rs.6000b)Rs.7000c)Rs.2000d)Rs.5000e)None of theseCorrect answer is option 'D'. Can you explain this answer? for Quant 2024 is part of Quant preparation. The Question and answers have been prepared according to the Quant exam syllabus. Information about Rahul sells his laptop to Ravi at a loss of 20% who subsequently sells it to Suresh at a profit of 25%. Suresh after finding some defect in the laptop, returns it to Ravi but could recover only Rs.4.50 for every Rs. 5 he had paid. Find the amount of Suresh’s loss if Rahul had paid Rs.50,000 for the laptop ?a)Rs.6000b)Rs.7000c)Rs.2000d)Rs.5000e)None of theseCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for Quant 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Rahul sells his laptop to Ravi at a loss of 20% who subsequently sells it to Suresh at a profit of 25%. Suresh after finding some defect in the laptop, returns it to Ravi but could recover only Rs.4.50 for every Rs. 5 he had paid. Find the amount of Suresh’s loss if Rahul had paid Rs.50,000 for the laptop ?a)Rs.6000b)Rs.7000c)Rs.2000d)Rs.5000e)None of theseCorrect answer is option 'D'. Can you explain this answer?.
Rahul sells his laptop to Ravi at a loss of 20% who subsequently sells it to Suresh at a profit of 25%. Suresh after finding some defect in the laptop, returns it to Ravi but could recover only Rs.4.50 for every Rs. 5 he had paid. Find the amount of Suresh’s loss if Rahul had paid Rs.50,000 for the laptop ?a)Rs.6000b)Rs.7000c)Rs.2000d)Rs.5000e)None of theseCorrect answer is option 'D'. Can you explain this answer? for Quant 2024 is part of Quant preparation. The Question and answers have been prepared according to the Quant exam syllabus. Information about Rahul sells his laptop to Ravi at a loss of 20% who subsequently sells it to Suresh at a profit of 25%. Suresh after finding some defect in the laptop, returns it to Ravi but could recover only Rs.4.50 for every Rs. 5 he had paid. Find the amount of Suresh’s loss if Rahul had paid Rs.50,000 for the laptop ?a)Rs.6000b)Rs.7000c)Rs.2000d)Rs.5000e)None of theseCorrect answer is option 'D'. Can you explain this answer? covers all topics & solutions for Quant 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Rahul sells his laptop to Ravi at a loss of 20% who subsequently sells it to Suresh at a profit of 25%. Suresh after finding some defect in the laptop, returns it to Ravi but could recover only Rs.4.50 for every Rs. 5 he had paid. Find the amount of Suresh’s loss if Rahul had paid Rs.50,000 for the laptop ?a)Rs.6000b)Rs.7000c)Rs.2000d)Rs.5000e)None of theseCorrect answer is option 'D'. Can you explain this answer?.
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