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    Question

    Neha purchased a bicycle for Rs. 8,000 and sold it to

    Heena, making a profit of 12%. Heena then spent Rs. 640 on repairs and sold the bicycle to Tina, earning a profit of 15%. What was the final price Tina paid for the bicycle?
    A Rs. 10,960 Correct Answer Incorrect Answer
    B Rs. 11,480 Correct Answer Incorrect Answer
    C Rs. 11,040 Correct Answer Incorrect Answer
    D Rs. 10,800 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    Price at which Heena bought the cycle = 1.12 X 8,000 = Rs. 8,960 Price of cycle after Heena spent Rs. 640 on it = 8,960 + 640 = Rs. 9,600 Price at which Tina bought the cycle = 1.15 X 9,600 = Rs. 11,040

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