Discussion :: Profit and Loss
- Sreenivas sells a table to Shiva at 10% profit and Shiva sells it to Mahesh at 10% loss. At what price did Sreenivas purchase the table if Mahesh paid Rs. 2178?
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Answer : Option C
Explanation :
Let the cost price of table for Sreenivas be Rs. x and given that, cost price of table for Mahesh = Rs. 2178.
=> (90%) of (110%) of x = Rs. 2178.
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