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Ashok bought an article and spent Rs. 110 on its repairs. He then sold it to Bhushan at a profit of 20%. Bhushan sold it to Charan at a loss of 10%. Chara

Ashok bought an article and spent Rs. 110 on its repairs. He then sold it to Bhushan at a profit of 20%. Bhushan sold it to Charan at a loss of 10%. Charan finally sold it for Rs. 1188 at a profit of 10%. How much did Ashok pay for the article.

  • Option 1)

    Rs. 890

  • Option 2)

    Rs. 845

  • Option 3)

    Rs. 780

  • Option 4)

    Rs 840

  • Option 5)

    Rs. 1000

Answers (1)
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CP = 1188\times \left ( \frac{100}{110} \right )\times \left ( \frac{100}{90} \right )\times \left ( \frac{100}{120} \right )

= 1000 ( With repair )

But Ashok pays = 1000 - 110 = 890

 

    

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