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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% and B sells it to C at a profit of 25%,If C pays Rs.1500,What did A pay for it?

A

1200

B

1100

C

1000

D

800

Text Solution

AI Generated Solution

To solve the problem step by step, we will first define the variables and then calculate the cost price that A paid for the bicycle. ### Step 1: Define the variables Let the cost price of the bicycle for A be \( X \). ### Step 2: Calculate the selling price of A to B A sells the bicycle to B at a profit of 20%. The selling price (SP) can be calculated using the formula: ...
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UPKAR PUBLICATION -PROFIT AND LOSS-QUESTION BANK
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