A ring worth Rs.17000 was sold to a jeweller at profit of 20%.The jeweller sold the ring at a profit of 35%.What was the price of the ring sold by the jeweller?Rs. 25560Rs. 27540Rs. 25600Rs. 24910

To find the price of the ring sold by the jeweller, we can follow these steps:

Step 1: Calculate the cost price of the ring. The ring was sold to the jeweller at a profit of 20%. This means that the selling price is 120% of the cost price. Let's assume the cost price of the ring is x. 120% of x = Rs. 17000 (120/100) * x = 17000 1.2x = 17000 x = 17000 / 1.2 x = Rs. 14166.67 (approx.)

So, the cost price of the ring is approximately Rs. 14166.67.

Step 2: Calculate the selling price of the ring by the jeweller. The jeweller sold the ring at a profit of 35%. This means that the selling price is 135% of the cost price. Let's calculate the selling price. 135% of Rs. 14166.67 = (135/100) * 14166.67 = 19166.67 (approx.)

So, the price of the ring sold by the jeweller is approximately Rs. 19166.67.

Therefore, none of the given options (Rs. 25560, Rs. 27540, Rs. 25600, Rs. 24910) match the calculated price.