Question

E3: Amab sells an article to Vivek at a profit of 15% and Vivek sells it to

Sagar at a profit of 10%. If Sagar pays 35060 for the article, what was its
cost price?​

Answer 1

the cost price is 27,715

Explanation:

Let the cost price be x

As Amab sells to Vivek at 15% profit

So the selling price be

= 115 ÷ 100 × x = 1.15x

And Vivek sells to sagar at a profit of 10%

= 1.15x × 110 ÷ 100

= 1.265x

Now sagar pays it for 35,060

So , the cost price be

1.265x = 35,060

x = 27,715

Hence, the cost price is 27,715