Question
A sold a toy to B at a profit of 15%. Later, B sold it
back to A at a profit of 20%, thereby gaining Rs. 575. How much did A pay for the toy originally?Solution
Let the CP of A =100 SP of A at the profit of 15%=115. The SP of A is the CP of B. CP of B =115 SP of B at the profit of 20% =115×120 /100 =138 Profit of B =138-115=23. ATQ- 23 =575 1 =25. 100 =2500. CP of A =2500.
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