A wholesheller sale a watch to a retailer at profit 25 and retailer sells it to a customer at a loss...........

Quantitative Aptitude (CGL) Profit and loss

A wholesheller sale a watch to a retailer at profit 25%. and retailer sells it to a customer at a loss of 12%. if customer pays 1045. what had it cost to the wholesheller

950

690

712

702

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Explanation:

CP for customer=Rs 1045
SP of customer that was seld in loss of 12%
CP for retailer
Let the CP be 100
SP=88
If SP is Rs 88,then CP=Rs 100
If SP is Rs 1045,then CP = Rs 100/88×1045=
Rs 1187.5
Whole saler sold it in profit of 25%
Let CP be Rs 100
SP = 125
If SP is Rs 125 then CP = Rs 100
If SP is Rs 1187.5 then CP= Rs 100/125×1187.5
=Rs 95