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Reshma sells an article to Rekha at 37.5% profit, Rekha sells it to Madhu 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? 
  • a)
    Rs.304
  • b)
    Rs.266.50
  • c)
    Rs.380
  • d)
    Rs.384.75
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
Reshma sells an article to Rekha at 37.5% profit, Rekha sells it to Ma...
Now reshma suppose buys it for x and she sells it at a profit of 37.5% , to someone who sells it at a profit of 100/11% , to someone who sells it at a loss of 25% i.e for 342 rs.
Now, calculation hack- to caluculate x% profit on some value , the formula is value(1+x/100) and similarly for loss, it's value(1-x/100).
so to calculate 37.5% profit on x , formula is x(1+37.5/100)
now according to the question, x(1+37.5/100)(1+100/1100)(1-25/100)
x(1+3/8)(1+1/11)(1-1/4)=342
x(11x12x3/8x11x4) = 342 
x = 304
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Reshma sells an article to Rekha at 37.5% profit, Rekha sells it to Ma...
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Reshma sells an article to Rekha at 37.5% profit, Rekha sells it to Madhu 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?a)Rs.304b)Rs.266.50c)Rs.380d)Rs.384.75Correct answer is option 'A'. Can you explain this answer?
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Reshma sells an article to Rekha at 37.5% profit, Rekha sells it to Madhu 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?a)Rs.304b)Rs.266.50c)Rs.380d)Rs.384.75Correct answer is option 'A'. Can you explain this answer? for CLAT 2025 is part of CLAT preparation. The Question and answers have been prepared according to the CLAT exam syllabus. Information about Reshma sells an article to Rekha at 37.5% profit, Rekha sells it to Madhu 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?a)Rs.304b)Rs.266.50c)Rs.380d)Rs.384.75Correct answer is option 'A'. Can you explain this answer? covers all topics & solutions for CLAT 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Reshma sells an article to Rekha at 37.5% profit, Rekha sells it to Madhu 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?a)Rs.304b)Rs.266.50c)Rs.380d)Rs.384.75Correct answer is option 'A'. Can you explain this answer?.
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