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Question : X sold a toy to Y at a profit of 50% and Y sold it to Z at a loss of 50%. If X purchased this toy for INR 12,000, then at what price did Z purchase this toy from Y?

Option 1: INR 7,580

Option 2: INR 8,500

Option 3: INR 8,000

Option 4: INR 9,000


Team Careers360 16th Jan, 2024
Answer (1)
Team Careers360 25th Jan, 2024

Correct Answer: INR 9,000


Solution : X purchased the toy for INR 12,000.
X sold a toy to Y at a profit of 50%.
Selling price of toy for X = Cost price of toy for Y = (100 + 50)% of 12000
$= 150\%$ of $12000$
$=\frac{150}{100}×12000$
$=18000$
Y sold it to Z at a loss of 50%.
Selling price of toy for Y = Cost price of toy for Z = (100 – 50)% of 18,000
$= 50\%$ of $18000$
$=18000\times \frac{50}{100}$
$=9000$
So, Z purchased this toy from Y at INR 9,000.
Hence, the correct answer is INR 9,000.

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