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hasnain

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From: Chichawatni

Registered: 2014-10-13

Posts: 8,355

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Subsequently Sells:

Question:
David sells his Laptop to Goliath at a loss of 20% who subsequently sells it to Hercules at a Profit of 25%. Hercules, after finding some defect in the laptop, returns it to Goliath but could recover only Rs. 4.50 for every Rs. 5 he had paid. Find the amount at Hercules' loss if David had paid Rs. 1.75 lakh for the laptop.

Option A):
17,500
Option B):
3500
Option C):
2500
Option D):
20,000

Correct Answer is Option A):
17,500

Explanation:
David (100) == 20% ↓(loss)==> Goliath (80) ==25% ↑(gain)==> Hercules(100) ==10% ↓ (loss)==> Goliath (90)
Hercules loss corresponds to 10 when David buys the laptop for Rs. 100.
Thus, Hercules loss would be Rs. 17,500 when David buys the laptop for 1,75,000.

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