Minu purchases a pair of sunglasses at Rs.1000 and sells to Kanu at 20% profit. Then, Kanu sells it back to Minu at 20% loss. Finally, Minu sells the same pair of sunglasses to Tanu. If the total profit made by Minu from all her transactions is Rs.500, then the percentage of profit made by Minu when she sold the pair of sunglasses to Tanu is:
Question:
Minu purchases a pair of sunglasses at Rs.1000 and sells to Kanu at 20% profit. Then, Kanu sells it back to Minu at 20% loss. Finally, Minu sells the same pair of sunglasses to Tanu. If the total profit made by Minu from all her transactions is Rs.500, then the percentage of profit made by Minu when she sold the pair of sunglasses to Tanu is:
Minu purchases a pair of sunglasses at Rs.1000 and sells to Kanu at 20% profit. Then, Kanu sells it back to Minu at 20% loss. Finally, Minu sells the same pair of sunglasses to Tanu. If the total profit made by Minu from all her transactions is Rs.500, then the percentage of profit made by Minu when she sold the pair of sunglasses to Tanu is:
Options
Answer: 31.25%
Explanation:
Minu buys at 1000, sells at 1200 (profit 200). Buys back at 960 (20% loss on 1200). Total profit = 500, so profit from Tanu = 300. Selling price to Tanu = 1260. Profit % = 300/960 × 100 = 31.25%.
Explanation:
Minu buys at 1000, sells at 1200 (profit 200). Buys back at 960 (20% loss on 1200). Total profit = 500, so profit from Tanu = 300. Selling price to Tanu = 1260. Profit % = 300/960 × 100 = 31.25%.
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