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A sold a watch at a gain of 5% to B and ...

A sold a watch at a gain of 5% to B and B sold it to C at a gain of 4%. If C paid Rs. 91 for it, the price paid by A is :

A

Rs83.33

B

Rs84.33

C

Rs83

D

Rs82.81

Text Solution

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The correct Answer is:
To solve the problem step by step, we will follow the sequence of transactions between A, B, and C, and calculate the price paid by A for the watch. ### Step 1: Understand the Selling Prices - A sells the watch to B at a gain of 5%. - B sells the watch to C at a gain of 4%. - C pays Rs. 91 for the watch. ### Step 2: Set Up the Initial Price Let the price paid by A for the watch be \( P_A \). We can assume \( P_A = 100 \) units for simplicity in calculations. ### Step 3: Calculate the Selling Price from A to B A sells the watch to B at a gain of 5%. Therefore, the selling price from A to B is calculated as follows: \[ P_B = P_A + (5\% \text{ of } P_A) = 100 + \left(\frac{5}{100} \times 100\right) = 100 + 5 = 105 \text{ units} \] ### Step 4: Calculate the Selling Price from B to C B sells the watch to C at a gain of 4%. Therefore, the selling price from B to C is calculated as follows: \[ P_C = P_B + (4\% \text{ of } P_B) = 105 + \left(\frac{4}{100} \times 105\right) = 105 + 4.2 = 109.2 \text{ units} \] ### Step 5: Relate C's Payment to the Selling Price We know that C paid Rs. 91 for the watch, which corresponds to the 109.2 units. Therefore, we can find the value of 1 unit: \[ 1 \text{ unit} = \frac{91}{109.2} \] ### Step 6: Calculate the Price Paid by A To find the price paid by A (which we assumed to be 100 units), we can set up the equation: \[ P_A = 100 \times \left(\frac{91}{109.2}\right) \] ### Step 7: Simplify the Calculation Now we can calculate: \[ P_A = \frac{9100}{109.2} \] ### Step 8: Perform the Division Calculating \( \frac{9100}{109.2} \): \[ P_A \approx 83.33 \] ### Conclusion The price paid by A for the watch is approximately Rs. 83.33. ---
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KIRAN PUBLICATION-PROFIT AND LOSS -TEST YOURSELF
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