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'A' sells an article to 'B' at 12% profit. 'B' sells it to 'C' at 9% loss. If 'C' pays Rs15,288 for it, then at what price (in Rs) is the article sold by A?
15,000
16,800
16,000
14,250
Correct option 2: 16,800 'A' sells an article to 'B' at 12% profit. 'B' sells it to 'C' at 9% loss. 'C' pays Rs. 15,288 for it. Now, Selling Price = Cost Price (1 + Profit%) Result of two successive percentage increment of A% and B% = (A + B + AB/100)% Solution Final profit percentage incurred during the transaction from A to C = (12-9- 12x9/100) = 1.92% (Considering 9% as negative since it's a loss) 100 Hence, Cost price of A = 15288 ÷ (1+1.92/100) = Rs. 15000 Thus, A sold the article to B at = 15000 × (1+ 12/100) = Rs. 16800
By: santosh ProfileResourcesReport error
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