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Rekha sells a DVD player to Lizaat a pro...

Rekha sells a DVD player to Lizaat a profit of 15% and Lizasells it Megha at a profit of 25%. If Megha pays ₹ 2875 for it, then what wasthe cost price for Rekha.

A

₹1800

B

₹2000

C

₹1500

D

₹1900

Text Solution

AI Generated Solution

The correct Answer is:
To find the cost price for Rekha, we need to work backwards from the selling price Megha paid for the DVD player. Let's break down the steps: ### Step 1: Understand the Selling Price (SP) of Megha Megha pays ₹2875 for the DVD player. ### Step 2: Calculate the Cost Price (CP) for Liza Liza sells the DVD player to Megha at a profit of 25%. We can use the formula for selling price: \[ \text{SP} = \text{CP} + \text{Profit} \] Where: - Profit = CP × (Profit % / 100) Rearranging this, we can express CP in terms of SP: \[ \text{CP} = \frac{\text{SP} \times 100}{100 + \text{Profit \%}} \] Substituting the values: \[ \text{CP of Liza} = \frac{2875 \times 100}{100 + 25} \] \[ = \frac{2875 \times 100}{125} \] ### Step 3: Calculate the CP of Liza Now we compute: \[ = \frac{287500}{125} \] \[ = 2300 \] So, the cost price for Liza is ₹2300. ### Step 4: Calculate the Cost Price (CP) for Rekha Now, we know that Rekha sells the DVD player to Liza at a profit of 15%. We will use the same formula: \[ \text{CP of Rekha} = \frac{\text{SP of Liza} \times 100}{100 + \text{Profit \%}} \] Substituting the values: \[ \text{CP of Rekha} = \frac{2300 \times 100}{100 + 15} \] \[ = \frac{2300 \times 100}{115} \] ### Step 5: Calculate the CP of Rekha Now we compute: \[ = \frac{230000}{115} \] \[ = 2000 \] Thus, the cost price for Rekha is ₹2000. ### Final Answer The cost price for Rekha is ₹2000. ---
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