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A sells a bicycle to B at a profit of 20...

A sells a bicycle to B at a profit of 20%. B sells it to C at a profit of 25%. If C pays 225/- for it. the cost price of the bicycle for A is:

A

a) 110

B

b) 125

C

c) 120

D

d) 150

Text Solution

AI Generated Solution

The correct Answer is:
To find the cost price of the bicycle for A, we can follow these steps: ### Step 1: Define the Cost Price for A Let the cost price of the bicycle for A be \( CP_A \). We can assume \( CP_A = 100 \) (this is a hypothetical value to simplify calculations). ### Step 2: Calculate Selling Price for A A sells the bicycle to B at a profit of 20%. - Selling Price for A (SP_A) = \( CP_A + 20\% \text{ of } CP_A \) - \( SP_A = 100 + 0.20 \times 100 = 100 + 20 = 120 \) ### Step 3: Calculate Selling Price for B B sells the bicycle to C at a profit of 25%. - Selling Price for B (SP_B) = \( SP_A + 25\% \text{ of } SP_A \) - \( SP_B = 120 + 0.25 \times 120 = 120 + 30 = 150 \) ### Step 4: Relate Selling Price for C to Given Value According to the problem, C pays 225 for the bicycle. We have calculated that B sold it for 150. We need to find the relationship between these two. - Since the selling price we calculated (150) does not match the given selling price (225), we can set up a proportion: \[ \frac{225}{150} = \frac{CP_A}{100} \] ### Step 5: Solve for Cost Price of A Cross-multiply to solve for \( CP_A \): - \( CP_A = \frac{225}{150} \times 100 \) - Simplifying \( \frac{225}{150} \) gives \( 1.5 \) - Therefore, \( CP_A = 1.5 \times 100 = 150 \) ### Conclusion The cost price of the bicycle for A is **150**. ---
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