A sold goods to B at a profit of 15%. B sold same goods to C at a profit of 10%. C sold same goods to D at Rs. 4554 and earns a profit of 20%. Find the price at which A purchases the goods.

A sold goods to B at a profit of 15%. B sold same goods to C at a profit of 10%. C sold same goods to D at Rs. 4554 and earns a profit of 20%. Find the price at which A purchases the goods. Correct Answer Rs. 3000

Given:

A earns a profit of 15%.

B earns a profit of 10%

C earns a profit of 20%

Formula used:

C.P = (100)/(100 + profit) × (100)/(100 + profit) × (100)/(100 + profit) × S.P.

Calculation:

C.P = (100)/(100 + 15) × (100)/(100 + 10) × (100)/(100+ 20) × 4554

= (100/115) × (100/110) × (100/120) × 4554

= Rs. 3000

∴ Required price at which A purchases the goods = Rs. 3000.

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