Question : Ram sells a suitcase to Mohan at a 20% profit. Mohan sells it to Shyam at a 40% profit. If Shyam pays INR 1,430 for it, then the price at which Ram bought it is:
Option 1: INR 875
Option 2: INR 870
Option 3: INR 880
Option 4: INR 851.19
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Correct Answer: INR 851.19
Solution : Given: Ram sells a suitcase to Mohan at a 20% profit. Mohan sells it to Shyam at a 40% profit. If the price at which Ram bought the suitcase is INR $x$. Then, $x \times \frac{120}{100} \times \frac{140}{100}$ = 1,430 ⇒ $x = \frac{(1430 × 100 × 100)}{(120 × 140)}$ = INR 851.19 Hence, the correct answer is INR 851.19.
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Question : A wholesaler sells a jacket to a retailer at a profit of 5% and the retailer sells it to a customer at a profit of 10%. If the customer pays INR 4,158, what does it cost (in INR) to the wholesaler?
Question : A person sells an article for a loss of 18%. If he increases the selling price by INR 144 and decreases the cost price by 30%, then there is a profit of 20%. What is the original selling price?
Question : Ram sold an item costing INR 1,250 at a gain of 18% to Ramesh. It was again sold by Ramesh to Shyam at a loss of 10%. Find the selling price of Ramesh.
Question : A dealer buys an article listed at INR 3,000 and gets successive discounts of 15% and 15%. He spends INR 250 on transportation and sells it at a profit of 20%. Find the selling price of the article.
Question : A manufacturer sells an article to a wholesale dealer at a profit of 10%. The wholesale dealer sells it to a shopkeeper at 20% profit. The shopkeeper sells it to a customer for Rs. 56,100 at a loss of 15%. Then the cost price of the article to the manufacturer is:
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