Multiple Choice Questions

A sells an article to B at 10 profit B sells it to C at 25 profit If C pays Rs 6 875 for it then the...........

Quantitative Aptitude (CHSL) Profit and loss

A sells an article to B at 10% profit. B sells it to C at 25% profit. If C pays Rs 6,875 for it, then the price at which A bought it is:

This questions was previously asked in

SSC CHSL 2nd June 2022 Shift-1

Rs 5,000

Rs 4,665

Rs 4,850

Rs 5,500

- A sells an article to B at a 10% profit.

- Let the cost price of A be 'x'.

- Thus, B buys it for 1.1x.

- B sells it to C at a 25% profit.

- If B's cost is 1.1x, then C buys it for 1.25 * 1.1x = 1.375x.

- C pays Rs 6,875 for the article.

- Therefore, 1.375x = 6,875.

- Solving for x:

- x = 6,875 / 1.375 = 5,000.

- So, the price at which A bought it is Rs 5,000.

- Option:1 - Rs 5,000 ( Correct)

- Option:2 - Rs 4,665

- Option:3 - Rs 4,850

- Option:4 - Rs 5,500

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