Question

Suresh sold an article to Ramesh at 20% profit Ramesh sold at 20% loss to Rajesh and Rajesh add 500 rupees transportation charge and sold at 15% profit to Ram for 4600 rupees. What is the cost price of Suresh? (approx)
1. 3646
2. 6646
3. 8646
4. 1056

Answer 1

Correct Answer - Option 1 : 3646

Given:

The cost price for Ram = 4500

Calculation:

Let the cost price of Suresh is X

⇒ {X × (1.2) × (0.8) + 500} × 1.15 = 4600

⇒ X = 3500/0.96 = 3645.83 ≈ 3646

∴ The required result will be 3646.