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A sold a product for 20% profit to B, B sold for 10 % loss
for 230.
1, What is sale price of A
2, if A have sold for 500 what is profit %
Please explain step by step.
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Answer Posted / vishalgoel88@yahoo.com
1) B sold for 10% loss
Cost of good for B = 230/90*100 = 255.55
Sale price of A is = 255.55
2) A sold on 20 % profit
Cost to A = 255.55/120*100 = 212.95
If A sold for 500 this good then profit is 500 - 212.95 =287.05
Profit % = 287.05/212.95 = 134.79%
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