Problema Solution
Manoj purchased a video for ₹12000. He sold it to Rahul at a gain of 10%. If Rahul sells it to Rakesh at a loss of 5%, what did rakesh pay for it?
Answer provided by our tutors
Manoj paid: 12,000 for the video
Rahul paid: 12,000 + 0.10*12,000 = 1.10*12,000 = 13,200
Rakesh paid: 13,200 - 0.05*13,200 = 0.95*13200 = 12,540