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7.Profit and Loss
hard
$'A ^{\prime}$ sells an article to $'B ^{\prime}$ at a gain of $20 \%$ and $' B ^{\prime}$ sells it to $'C ^{\prime}$ at a gain of $10 \%$ and $'C ^{\prime}$ sells it to $'D'$ at a gain of $12 \frac{1}{2} \%$. If ${ }^{\prime} D$ ' pays $Rs.\, 29.70$ what did it cost to $'A ^{\prime} ?$ (in $Rs.$)
A
$20$
B
$24$
C
$18$
D
None of these
Solution
Here, $m=20, n=10, p=\frac{25}{2}$
$z=₹ 29.70$
$\therefore$ cost price of $A$
$=\left[\frac{100^{3} z}{(100+m)(100+n)(100+p)}\right]$
$=\left(\frac{100 \times 100 \times 100 \times 29.70 \times 2}{120 \times 110 \times 225}\right)$
$=\left(\frac{100 \times 100 \times 100 \times 29.70 \times 2}{120 \times 110 \times 225}\right)=Rs. 20$
Standard 13
Quantitative Aptitude
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