Sanjay sells a book to Harshit, making an 11% profit. Harshit then sells the book to Anil for a 12% profit. If Anil paid Rs.12,432 for the book, what was the original price Sanjay paid for it?
Given:
Sanjay's profit = 11%
Harshit's profit = 12%
Final price paid by Anil = Rs. 12432
Formula Used:
Final Price = Initial Price ×
Solution:
Let the original price paid by Sanjay be x.
According to the successive profit formula:
x = 10000
Final Answer
So the correct answer is (a)
English
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60 Mins English English20 Questions40 Marks12 Mins English English160 Marks60 Mins EnglishSanjay sells a book to Harshit, making an 11% profit. Harshit then sells the book to Anil for a 12% profit. If Anil paid Rs.12,432 for the book, what was the original price Sanjay paid for it?
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