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A sells an article to B making a profit of 1/5 th his outlay. B sells it to C, gaining 20%. If C sells it for Rs 600 and incurs a loss of 1/6 th his outlay, the cost price of A is: Rs 600 Rs 500 Rs 720 Rs 800

Question

A sells an article to B making a profit of 1/5 th his outlay. B sells it to C, gaining 20%. If C sells it for Rs 600 and incurs a loss of 1/6 th his outlay, the cost price of A is: Rs 600 Rs 500 Rs 720 Rs 800

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Solution

Let's solve this step by step:

  1. C sells the article for Rs 600 at a loss of 1/6th of his outlay. This means the cost price for C was Rs 600/(1 - 1/6) = Rs 720.

  2. B sold the article to C at a gain of 20%. So, the cost price for B was Rs 720/1.20 = Rs 600.

  3. A sold the article to B making a profit of 1/5th of his outlay. So, the cost price for A was Rs 600/(1 + 1/5) = Rs 500.

So, the cost price of A is Rs 500.

This problem has been solved

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