Ajith sells a table to Ajay at 10% profit and Ajay sells it to Anoob at 10% loss. At what price did Ajith purchase the table if Anoob paid Rs.2178 ?

A. Rs 2100

B. Rs 2150

C. Rs 2200

D. Rs 2250

Answer : C. Rs 2200…

Explanation:

Let the cost price of table for Ajith be Rs.x and given that, cost price of table for Anoob = Rs.2178
90% of 110% of x = Rs.2178
(90/100) (110/100) x = 2178
x = (2178 * 100) / 9 * 11
x = Rs.2200.

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Profit and Loss

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