Question

Shruti sold a laptop to Ankita at a profit of 25%. Ankita sold a same laptop to Anita at a loss of 20%. If Shruti buy the laptop at Rs. 80,000.Then, find the cost price of laptop for Anita.
1. Rs. 70,000
2. Rs. 80,000
3. Rs. 50,000
4. Rs. 60,000

Answer 1

Correct Answer - Option 2 : Rs. 80,000

Given:

Profit earned by Shruti = 25%

Loss suffered by Ankit = 20%

Cost price of laptop for Shruti = Rs. 80,000

Calculation:

Selling price of laptop for Ankita = 80,000 + 25% of 80,000

⇒ Rs. 1,00,000

Cost price of laptop for Ankita = Rs. 1,00,000

Selling price of laptop for Ankita = Rs.1,00,000 – 20% of 1,00,000

⇒ Rs. 80,000

Hence, cost price of laptop for Anita is Rs. 80,000.