Question
Download Solution PDFA sold a camera to B at a profit of 20%. If the cost price of the camera for B was Rs. 30,000, what was the cost price of the camera for A?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFGiven:
Cost price of B = ₹30,000
Profit of B = 20%
Profit of A = 25%
Formula used:
Cost Price of A = Cost Price of B / (1 + Profit% of B)
Calculations:
Cost Price of A = 30,000 / (1 + 20/100)
⇒ Cost Price of A = 30,000 / 1.20
⇒ Cost Price of A = ₹25,000
∴ The cost price of A is ₹25,000.
Last updated on Jun 30, 2025
-> The Institute of Banking Personnel Selection (IBPS) has officially released the Provisional Allotment under the Reserve List on 30th June 2025.
-> According to the official notice, the Prelims Examination is scheduled to be conducted on 6th, 7th, 13th and 14th December 2025.
-> The Mains Examination is scheduled for 1st February 2026.
-> IBPS RRB Clerk 2025 Notification is expected to be released soon.
-> Candidates with a Graduation degree in any discipline are eligible for the recruitment process.
-> The selection process includes Prelims and Mains examinations.
-> Prepare for the Exam with IBPS RRB Clerk Previous Year Papers. Check IBPS RRB Clerk Exam Analysis.
-> Attempt Free Banking Current Affairs Mock Test here