Harish bought a gas-chullah for Rs 900 and later sold it to Archana at a profit of 5 per cent. Archana used it for a period of two years and later sold it to Babita at a loss of 20 per cent. For how much did Babita get it?
Given, Chullah was bought for 900 and sold at a 5% profit
⇒ CP of Chullah for ARchana = 900 + 5% of 900
= 900 +
× 900
= 900 + 45 = 945
⇒ ARchana sold chullah for Babita at a loss of 20%
∴ CP of chullah for Babita = 945 – 20% of 945
= 945 -
× 945
= 945 – 189
= 756
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