Ashok bought an article and spent ₹ 110 on its repairs. He then sold it to Bhushan at a profit of 20%. Bhushan sold it to Charan at a loss of 10%. Charan finally sold it for ₹ 1188 at a profit of 10%. How much did Ashok pay for the article?

Ashok bought an article and spent ₹ 110 on its repairs. He then sold it to Bhushan at a profit of 20%. Bhushan sold it to Charan at a loss of 10%. Cha

Ashok bought an article and spent ₹ 110 on its repairs. He then sold it to Bhushan at a profit of 20%. Bhushan sold it to Charan at a loss of 10%. Charan finally sold it for ₹ 1188 at a profit of 10%. How much did Ashok pay for the article?

  • A. ₹ 890
  • B. ₹ 1000
  • C. ₹ 780
  • D. ₹ 840
 

The correct answer is option A. 890. Can you explain this answer in the comments?


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Books I recommend for Quantitative Aptitude:


1. How to Prepare for Quantitative Aptitude for CAT by Arun Sharma

2. Ace Quantitative Aptitude For Banking and Insurance

3. Quantitative Aptitude Quantum CAT by Sarvesh K Verma

4. Quantitative Aptitude for Competitive Examinations by R.S. Aggarwal


Ashok bought an article and spent ₹ 110 on its repairs. He then sold it to Bhushan at a profit of 20%. Bhushan sold it to Charan at a loss of 10%. Charan finally sold it for ₹ 1188 at a profit of 10%. How much did Ashok pay for the article?




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About the Author

Mr. Ashutosh Nautiyal is a student who is pursuing his post-graduation (MBA in Infrastructure Development and Management) from SCMHRD, Pune. He has done his B.Tech in Civil Engineering from BTKIT, Dwarahat and his schooling from Omkarananda Saraswat…

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