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A sold a cycle to B at a profit of 20%. B sold the cycle to C at a profit of 30%. If C pays Rs. 468 for cycle, then for how much A bought the cycle?
  • a)
    320
  • b)
    400
  • c)
    300
  • d)
    280
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
A sold a cycle to B at a profit of 20%. B sold the cycle to C at a pro...
GIVEN:
A to B = 20% Profit for A
B to C = 30% Profit for B
Selling Price for B = Rs 468
FORMULA USED:
Selling Price = Cost Price + Cost Price × Gain%
CALCULATION:
Let Cost Price of cycle be x
⇒ Selling Price by A = x + 0.2x = 1.2x             
⇒ Selling Price by B = 1.2x + 0.3 × 1.2x = 1.56x         
⇒ 1.56x = 468
∴ x = 468/1.56 = Rs. 300
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A sold a cycle to B at a profit of 20%. B sold the cycle to C at a profit of 30%. If C pays Rs. 468 for cycle, then for how much A bought the cycle?a) 320b) 400c) 300d) 280Correct answer is option 'C'. Can you explain this answer?
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A sold a cycle to B at a profit of 20%. B sold the cycle to C at a profit of 30%. If C pays Rs. 468 for cycle, then for how much A bought the cycle?a) 320b) 400c) 300d) 280Correct answer is option 'C'. Can you explain this answer? for Defence 2024 is part of Defence preparation. The Question and answers have been prepared according to the Defence exam syllabus. Information about A sold a cycle to B at a profit of 20%. B sold the cycle to C at a profit of 30%. If C pays Rs. 468 for cycle, then for how much A bought the cycle?a) 320b) 400c) 300d) 280Correct answer is option 'C'. Can you explain this answer? covers all topics & solutions for Defence 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A sold a cycle to B at a profit of 20%. B sold the cycle to C at a profit of 30%. If C pays Rs. 468 for cycle, then for how much A bought the cycle?a) 320b) 400c) 300d) 280Correct answer is option 'C'. Can you explain this answer?.
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