A sells a bicycle to B at a profit of 30%. B sells it to C at a profit of 20%.…
2023
A sells a bicycle to B at a profit of 30%. B sells it to C at a profit of 20%. If C pays Rs. 1950 for it, the cost price of the bicycle for A is :
- A.
Rs. 1250
- B.
Rs. 1100
- C.
Rs. 1450
- D.
Rs. 1500
Attempted by 13 students.
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Correct answer: A
Answer: Rs. 1250
Let the cost price for A be x.
A sells to B at 30% profit, so B's cost = 1.3 × x.
B sells to C at 20% profit, so C pays = 1.2 × (1.3 × x) = 1.56 × x.
Given C pays Rs. 1950, we have 1.56 × x = 1950.
x = 1950 ÷ 1.56 = 1250.
Therefore the cost price of the bicycle for A is Rs. 1250.