Gujarati
Hindi
7.Profit and Loss
hard

$'A'$ buys an article and sells it to $'B'$ at a profit of $10 \%,{ }^{\prime} B ^{\prime}$ sells it to $'C ^{\prime}$ gaining $20 \% .$ If $'C ^{\prime}$ gives $RS.\,924,$ what amount did $'A'$ give? (in $Rs.$)

A

$700$

B

$724$

C

$780$

D

None of these

Solution

We have, $m=10, n=20, z=₹ 924$

$\therefore$ Cost price of $A$

$=\left[\frac{100^{2} z}{(100+m)(100+n)}\right]$

$=\left[\frac{100 \times 100 \times 924}{(100+10)(100+20)}\right]=\frac{100 \times 100 \times 924}{110 \times 120}$

$=Rs. 700$

Standard 13
Quantitative Aptitude

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