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Anna sold his car to Boney at a profit o...

Anna sold his car to Boney at a profit of 20% and Boney sold it to Chakori at a profit of 10%. Chakori sold it to mechanic at a loss of 9.09%. Mechanic spent 10% of his purchasing price and then sold it at a prifit of 8.33% to Anna once again. What is the loss of Anna?

A

23%

B

29%

C

50%

D

40%

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, let's break down the transactions involving Anna, Boney, Chakori, and the mechanic. ### Step 1: Anna sells the car to Boney - Let the cost price (CP) of the car for Anna be \(100\) rupees. - Anna sells the car to Boney at a profit of \(20\%\). - Selling Price (SP) for Anna = CP + Profit = \(100 + (20\% \text{ of } 100) = 100 + 20 = 120\) rupees. ### Step 2: Boney sells the car to Chakori - Boney bought the car for \(120\) rupees. - Boney sells the car to Chakori at a profit of \(10\%\). - Selling Price (SP) for Boney = CP + Profit = \(120 + (10\% \text{ of } 120) = 120 + 12 = 132\) rupees. ### Step 3: Chakori sells the car to the mechanic - Chakori sold the car to the mechanic at a loss of \(9.09\%\). - Loss percentage of \(9.09\%\) can be expressed as a fraction: \(9.09\% = \frac{1}{11}\). - Selling Price (SP) for Chakori = CP - Loss = \(132 - (9.09\% \text{ of } 132) = 132 - \frac{1}{11} \times 132 = 132 \times \frac{10}{11} = 120\) rupees. ### Step 4: Mechanic spends on the car - The mechanic bought the car for \(120\) rupees. - The mechanic spends \(10\%\) of his purchasing price on the car. - Amount spent = \(10\% \text{ of } 120 = 12\) rupees. - Total cost for the mechanic = Purchase Price + Amount spent = \(120 + 12 = 132\) rupees. ### Step 5: Mechanic sells the car to Anna - The mechanic sells the car at a profit of \(8.33\%\). - Selling Price (SP) for the mechanic = CP + Profit = \(132 + (8.33\% \text{ of } 132) = 132 + 11 = 143\) rupees. ### Step 6: Calculate the loss for Anna - Anna originally sold the car for \(120\) rupees and bought it back for \(143\) rupees. - Loss for Anna = Buying Price - Selling Price = \(143 - 120 = 23\) rupees. ### Step 7: Calculate the percentage loss for Anna - Percentage Loss = \(\frac{\text{Loss}}{\text{Original Cost Price}} \times 100 = \frac{23}{100} \times 100 = 23\%\). ### Final Answer The loss of Anna is \(23\%\). ---
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