P sells a Laptop to Q at a loss of 40% and Q sells the laptop to R at a profit of 25%. If R purchased the laptop for ₹8946, then what was the cost price (in ₹) of the laptop for P?
11928
Let the price P pays be x. P sells to Q at 40% loss, so Q buys at 0.6x.
Q sells to R at 25% profit, so R buys at 1.25 × 0.6x = 0.75x.
0.75x = 8946, so x = 8946 / 0.75 = 11928.
Hence, 11928.
Similar Questions
A sells a Laptop to B at a loss of 25% and B sells the laptop to C at a profit of 40%. If C purchased the laptop for ₹4,998, then what was the cost price (in ₹) of the laptop for A?
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