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'w' purchased Mobile and spent 110 to re...

'w' purchased Mobile and spent 110 to repair it. Then he sold it to 'x' at a profit of 20%. 'x' sold it to 'y'at a loss of 10%. 'y' sold it to 'z' at a profit of 10% for Rs 1188. Find the price at which 'w' purchased the Mobile.

A

Rs 890

B

Rs 870

C

Rs 888

D

Rs 880

Text Solution

AI Generated Solution

The correct Answer is:
To find the price at which 'W' purchased the mobile, we can follow these steps: ### Step 1: Understand the Selling Price of 'Y' to 'Z' 'Y' sold the mobile to 'Z' at a profit of 10% for Rs 1188. This means that Rs 1188 represents 110% of the cost price for 'Y'. **Calculation:** Let the cost price of 'Y' be \( CP_Y \). \[ CP_Y \times 1.10 = 1188 \] \[ CP_Y = \frac{1188}{1.10} = 1080 \] ### Step 2: Determine the Selling Price of 'X' to 'Y' 'X' sold the mobile to 'Y' at a loss of 10%. Therefore, the cost price for 'X' can be calculated as follows: **Calculation:** Let the cost price of 'X' be \( CP_X \). \[ CP_Y \times 0.90 = 1080 \] \[ CP_X = \frac{1080}{0.90} = 1200 \] ### Step 3: Find the Selling Price of 'W' to 'X' 'W' sold the mobile to 'X' at a profit of 20%. Thus, we can find the cost price for 'W'. **Calculation:** Let the cost price of 'W' be \( CP_W \). \[ CP_X \times 1.20 = 1200 \] \[ CP_W = \frac{1200}{1.20} = 1000 \] ### Step 4: Account for the Repair Cost 'W' spent Rs 110 on repairs. Therefore, the purchase price of the mobile for 'W' can be calculated as follows: **Calculation:** \[ \text{Price at which 'W' purchased the mobile} = CP_W - \text{Repair Cost} \] \[ \text{Price} = 1000 - 110 = 890 \] ### Final Answer The price at which 'W' purchased the mobile is **Rs 890**. ---
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