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A sold a toy to B at a profit of 15%. Later on, B sold it back to A at a profit of 20%, thereby gaining Rs. 552. How much did A pay for the toy originally?
- ARS. 2400
- BRs. 2560
- CRS. 2760
- DRs. 2800
Answer not set
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CCommunity
Let A pay Rs. x for the toy originally.
∴ B bought the toy at Rs. (x + 0.15x)
Again, B sold it at 20% profit gaining Rs. 552.
So, 552 = 20% of (x + 0.15x)
⇒ 552/0.2 = 1.15x
⇒ x = 2400
∴ B bought the toy at Rs. (x + 0.15x)
Again, B sold it at 20% profit gaining Rs. 552.
So, 552 = 20% of (x + 0.15x)
⇒ 552/0.2 = 1.15x
⇒ x = 2400