Multiple choice

Deeksha bought an article and spent Rs. 150 on its repairs. She sold it to Anita at a profit of 20%. Anita sold it to Somya at a profit of 15%. Somya sold it for Rs. 1587 at a profit of 15%. How much did Deeksha pay for the article?

  1. Rs. 950

  2. Rs. 850

  3. Rs. 900

  4. Rs. 800

  5. Rs. 1050
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Somya's S.P. = Rs. 1587 & Profit = 15%. On solving, we find that Somya's C.P.= Rs. 1380. Now, Somya's C.P. = Anita's S.P. Anita's profit is 15%. Therefore, on solving we find her C.P. = Rs. 1200. Now Anita's C.P. = Deeksha's S.P. Similarly we calculate, Deeksha's C.P. to be Rs. 1000. Hence, Deeksha's C.P. including repairs = 1000. Therefore, she paid Rs. 1000 - 150 = Rs. 850 for the article.

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