Multiple choice

Ravi purchased a Book for Rs. 300 and sold it to Ramesh at a gain of 25%. Ramesh sold it to Rajendra at a loss of 10%. For how much did Rajendra buy it?

  1. Rs. 327.50

  2. Rs. 337.50

  3. Rs. 336.50

  4. Rs. 337.40

  5. Rs. 337.00
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

C.P. of Ravi = Rs. 300. Gain % = 25%. S.P. of Ravi = {(100 + 25) / 100} x 300 = Rs. 375 = C.P. of Ramesh. S.P. of Ramesh = {(100-10) / 100} x 375 = Rs. 337.50 = C.P. of Rajendra. Therefore, Rajendra purchased the book for Rs. 337.50.

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