'A' sells a suitcase to 'B' at 10% profit. 'B' sells it to 'C' for Rs. 2860, earning 30% profit. What is the cost price for 'A'?
Rs. 2000
Profit and Loss Calculation Explained This problem involves calculating the original cost price of a suitcase based on a series of transactions involving profits. The price at which A sells it to B is the cost price for B. Therefore, the correct answer is Rs. 2000.
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What will be the selling price if three successive discounts of 10% is applied on an item marked at Rs 3000?