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Sreenivas sells a table to Shiva at 10% profit and Shiva sells it to Mahesh at 10% loss. At what price did sreenivas purchase the table if mahesh paid rs.2178?


Simran Sharma 9th Dec, 2019
Answer (1)
Manidipa Kundu Student Expert 9th Dec, 2019

hi,

suppose srinivas purchase the table at x rs.

he sell it to Shiva at 10% profit. so the selling price is x+ x*10%= 11x/10.

now Shiva sells it to mahesh at 10% loss.

so Shivas selling price to mahesh is 11x/10- (11x/10)*10%= 99x/100.

now,

99x/100= 2178.

by solving the equation x is 2200, who is the purchased price of table by srinivas.

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