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Q.

A sells to B a scooter at a profit of 30%, B sells it to C at a loss of 20% what profit did A earn if C paid Rs.1040 for the scooter ?

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a

Rs.40

b

Rs.300

c

Rs.400

d

Rs.140

answer is B.

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Detailed Solution

C.P(C)=S.P(B)=1040

L%=LCP×100

20=CPSPCP×100

20100=11040CP

1040C.P=120100=80100

C.P=100×104080

C.P(B)=1300 

C.P(B)=S.P(A)=1300

P%=30

C.P(A)=SP×100100+P%=1300×100100+30

1300×100130=1000

C.P(A)=1000

S.P(A)=1300

Profit=300

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