Subject: General Aptitude · Chapter: Profit and Loss · Exam: · Marks: · Difficulty:
A sells an article which costs him ₹ 400 to B at a profit of 20\%. B then sells it to C, making a profit of 10\% on the price he paid to A. How much does C pay B?
(a)₹ 472
(b)₹ 476
(c)₹ 528
(d)₹ 532
Answer
Answer (as printed): C
Explanation
C.P. for $\mathrm{B}=120 \%$ of $₹ 400=₹\left(\frac{120}{100} \times 400\right)=₹ 480$. C.P. for C $=110 \%$ of $₹ 480=₹\left(\frac{110}{100} \times 480\right)=₹ 528$.
Explanation as extracted from the printed page; notation may be imperfect.