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Sharat sells some articles to Chandra at a profit of 20%. Chandra now sells this article to Mayank at a loss of 30% and Mayank sells this article at a profit of 20%. If CP of Chandra is Rs 150, then what is the SP of Mayank?

  • a)
    Rs 105

  • b)
    Rs 87.5

  • c)
    Rs 125

  • d)
    Rs 126

Correct answer is option 'D'. Can you explain this answer?
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Sharat sells some articles to Chandra at a profit of 20%. Chandra now ...


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Sharat sells some articles to Chandra at a profit of 20%. Chandra now ...
Given information:
Cost price (CP) of Chandra = Rs 150
Profit made by Sharat = 20%
Loss made by Chandra = 30%
Profit made by Mayank = 20%

To find:
Selling price (SP) of Mayank

Calculations:
1. Profit made by Sharat:
Profit percentage = 20%
Profit = (Profit percentage / 100) * CP
Profit = (20 / 100) * 150
Profit = 30

Selling price of Sharat = CP + Profit
Selling price of Sharat = 150 + 30
Selling price of Sharat = 180

2. Loss made by Chandra:
Loss percentage = 30%
Loss = (Loss percentage / 100) * Selling price of Sharat
Loss = (30 / 100) * 180
Loss = 54

Selling price of Chandra = Selling price of Sharat - Loss
Selling price of Chandra = 180 - 54
Selling price of Chandra = 126

3. Profit made by Mayank:
Profit percentage = 20%
Profit = (Profit percentage / 100) * Selling price of Chandra
Profit = (20 / 100) * 126
Profit = 25.2

Selling price of Mayank = Selling price of Chandra + Profit
Selling price of Mayank = 126 + 25.2
Selling price of Mayank = 151.2

Answer:
The selling price (SP) of Mayank is Rs 151.2, which can be approximated to Rs 151.
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Sharat sells some articles to Chandra at a profit of 20%. Chandra now sells this article to Mayank at a loss of 30% and Mayank sells this article at a profit of 20%. If CP of Chandra is Rs 150, then what is the SP of Mayank?a)Rs 105b)Rs 87.5c)Rs 125d)Rs 126Correct answer is option 'D'. Can you explain this answer?
Question Description
Sharat sells some articles to Chandra at a profit of 20%. Chandra now sells this article to Mayank at a loss of 30% and Mayank sells this article at a profit of 20%. If CP of Chandra is Rs 150, then what is the SP of Mayank?a)Rs 105b)Rs 87.5c)Rs 125d)Rs 126Correct 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 Sharat sells some articles to Chandra at a profit of 20%. Chandra now sells this article to Mayank at a loss of 30% and Mayank sells this article at a profit of 20%. If CP of Chandra is Rs 150, then what is the SP of Mayank?a)Rs 105b)Rs 87.5c)Rs 125d)Rs 126Correct 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 Sharat sells some articles to Chandra at a profit of 20%. Chandra now sells this article to Mayank at a loss of 30% and Mayank sells this article at a profit of 20%. If CP of Chandra is Rs 150, then what is the SP of Mayank?a)Rs 105b)Rs 87.5c)Rs 125d)Rs 126Correct answer is option 'D'. Can you explain this answer?.
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