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A buys an article for Rs. 650 and sells ...

A buys an article for Rs. 650 and sells it to B at a profit of 20%. B sells it to Cat a loss of 20%. What does C pay for it?

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To solve the problem step by step, we will follow the transactions between A, B, and C. ### Step 1: Calculate the Selling Price of A to B A buys an article for Rs. 650 and sells it to B at a profit of 20%. **Formula for Selling Price (SP) with Profit:** \[ SP = CP \times \left(1 + \frac{Profit\%}{100}\right) \] Where: - \(CP\) = Cost Price - \(Profit\%\) = Profit Percentage **Substituting the values:** \[ SP = 650 \times \left(1 + \frac{20}{100}\right) \] \[ SP = 650 \times \left(1 + 0.20\right) \] \[ SP = 650 \times 1.20 \] \[ SP = 780 \] So, A sells the article to B for Rs. 780. ### Step 2: Calculate the Selling Price of B to C B sells the article to C at a loss of 20%. **Formula for Selling Price (SP) with Loss:** \[ SP = CP \times \left(1 - \frac{Loss\%}{100}\right) \] Where: - \(CP\) = Cost Price for B (which is Rs. 780) - \(Loss\%\) = Loss Percentage **Substituting the values:** \[ SP = 780 \times \left(1 - \frac{20}{100}\right) \] \[ SP = 780 \times \left(1 - 0.20\right) \] \[ SP = 780 \times 0.80 \] \[ SP = 624 \] So, C pays Rs. 624 for the article. ### Final Answer: C pays Rs. 624 for the article. ---
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ICSE-PROFIT AND LOSS -EXERCISE 10
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