A sold a tape - recorder to B for Rs. 4860 at a loss of 19% . Again B sold it to C at price that would give A a profit of 17% . The gain of B is = ?
A. $$22\frac{2}{9}\% $$
B. $$33\frac{1}{3}\% $$
C. $$44\frac{4}{9}\% $$
D. $$66\frac{2}{3}\% $$
Answer: Option C
Solution(By Examveda Team)
CP of the Product = $$\frac{{4860 \times 100}}{{81}} = 6000$$Loss of A = 6000 - 4860 = 1140
Now B sold the product to C with 17% profit of A
i.e. 6000 + 17% of 6000
= 6000 + 1020
= 7020
∴ Total Profit of B = 7020 - 4860 = 2160
% Gain of B $$ = \frac{{2160}}{{4860}} \times 100 = 44\frac{4}{9}\% $$
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