Profit and Loss - Quantitative Aptitude (MCQ) questions for Q. 21227

Q.  P sells an article to Q at 10 % profit. Q sells it to R at 25 % profit. If R pays Rs. 250 for it, What did P pay for it ?
- Published on 25 Apr 16

a. Rs. 225
b. Rs. 198..50
c. Rs. 181.81
d. Rs. 162.30
e. None of these

ANSWER: Rs. 181.81
 
Selling price of P = Cost price of Q
Selling Price of Q = Cost price of R = Rs. 250 ….. Given
Q sold it to R with 25 % profit.
Cost price of Q = 100/125 * 250/1 = Rs. 200 = Selling price of P.
P sold it to Q with 10 % profit.
Cost price of P = 100 / 110 * 200 / 1 = Rs. 181.81

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