Sohan purchased a horse for Rs.2000 and sold it to Mohan at a loss of 10…
2024
Sohan purchased a horse for Rs.2000 and sold it to Mohan at a loss of 10 percent. Mohan sold it to Sham at a loss of 10 percent while sham sold it to Gopi at a gain of 10 percent. The amount Gopi paid for it would be (in Rupees)
Answer: A. 1782 — Solution: Apply each percentage change to the current price in order. After Sohan sells to Mohan at a loss of 10%: 2000 × 0.9 = 1800 Mohan sells to Sham at a…
- A.
1782
- B.
1458
- C.
2178
- D.
1862
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Correct answer: A
Solution: Apply each percentage change to the current price in order.
After Sohan sells to Mohan at a loss of 10%: 2000 × 0.9 = 1800
Mohan sells to Sham at a loss of 10%: 1800 × 0.9 = 1620
Sham sells to Gopi at a gain of 10%: 1620 × 1.1 = 1782
Alternative (single multiplication): 2000 × 0.9 × 0.9 × 1.1 = 2000 × 0.891 = 1782
Answer: Gopi paid Rs. 1782.