Correct option is D
Given:
P sells to Q at 47% profit.
Q sells to R at 50% loss.
R paid ₹6027 for the item.
Formula Used:
Selling Price = Cost Price × (1 + Profit Percentage / 100)
Selling Price = Cost Price × (1 - Loss Percentage / 100)
Solution:
Let the cost price at which P purchased the item be P
It is given that Q sold the item to R at a loss of 50% and the selling price to R was ₹6027.
Q’s cost price×(1−10050)Q’s cost price×0.50Q’s cost price=6027=6027=0.506027=₹12054
Now, since P sold the item to Q at a profit of 47%, the cost price of Q is the same as the selling price of P.
P×(1+10047)P×1.47P=12054=12054=1.4712054=₹8200
Alternate Solution:
Let the Cost Price be P
P×100147×10050P×100007350P=₹8200=6027=6027