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A person A sells a table costing Rs. 200...

A person A sells a table costing Rs. 2000 to a person B and earns a profit of `6%`. The person B sells it to another person C at a loss of `5%`. At what price did B sell the table ?

A

Rs. 2054

B

Rs. 2050

C

Rs. 2024

D

Rs. 2014

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The correct Answer is:
To solve the problem step by step, we will first calculate the selling price (SP) of the table when person A sells it to person B, and then we will find out the selling price when person B sells it to person C. ### Step 1: Calculate the Selling Price of A to B 1. **Cost Price (CP) of the table for A**: Rs. 2000 2. **Profit percentage**: 6% To find the Selling Price (SP) when A sells to B, we use the formula: \[ \text{SP} = \text{CP} + \left(\frac{\text{Profit \%}}{100} \times \text{CP}\right) \] Substituting the values: \[ \text{SP} = 2000 + \left(\frac{6}{100} \times 2000\right) \] Calculating the profit amount: \[ \text{Profit} = \frac{6}{100} \times 2000 = 120 \] Now, substituting back into the SP formula: \[ \text{SP} = 2000 + 120 = 2120 \] So, the Selling Price of A to B is **Rs. 2120**. ### Step 2: Calculate the Selling Price of B to C 1. **Cost Price (CP) of the table for B**: Rs. 2120 (which is the SP from Step 1) 2. **Loss percentage**: 5% To find the Selling Price (SP) when B sells to C, we use the formula: \[ \text{SP} = \text{CP} - \left(\frac{\text{Loss \%}}{100} \times \text{CP}\right) \] Substituting the values: \[ \text{SP} = 2120 - \left(\frac{5}{100} \times 2120\right) \] Calculating the loss amount: \[ \text{Loss} = \frac{5}{100} \times 2120 = 106 \] Now, substituting back into the SP formula: \[ \text{SP} = 2120 - 106 = 2014 \] So, the Selling Price of B to C is **Rs. 2014**. ### Final Answer: B sells the table to C for **Rs. 2014**. ---
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S CHAND IIT JEE FOUNDATION-PROFIT AND LOSS AND DISCOUNT -SECTION - A (Question Bank - 11(a))
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