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Santhosh bought a chair and spent Rs. 100 on its repairs. Then he sold it to Ragu at a profit of 20% and then he sold it to Suresh at a loss of 10%. Suresh finally sold it for Rs.1782 at a profit of 10%. How much amount did Santhosh initially pay for the chair?
1400
1500
1350
1250
Let Santhosh pay for the chair be Rs. x,
(x + 100)*(120/100)*(90/100)*(110/100) = 1782
(x + 100) = (1782*100*100*100)/(120*90*110)
(x + 100) = 1500
X = 1500 – 100 = Rs. 1400
By: Parvesh Mehta ProfileResourcesReport error
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