A sells a watch to B and makes a loss of 12%. B makes a profit of $$12\frac{1}{2}$$% by selling the watch to C. If A sells the watch to be at the cost of which C purchased it, then the percentage of loss or profit of A will be = ?
A. 1% loss
B. 1% profit
C. 2% loss
D. 2% profit
Answer: Option A
Solution(By Examveda Team)
Let the CPA of Watch = 100∴ SPA to B = 100 - 12% of 100 = 100 - 12 = 88
AND SPB to C = 88 + $$12\frac{1}{2}$$% of 88 = 88 + 11 = 99
If A sold the direct to C at price of B sold to C.
A got loss = 100 - 99 = 1
% loss $$= \frac{1}{{100}} \times 100 = 1\% $$
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