Masood purchased a plot for Rs. 8,000. He sells the plot to Aftab at a profit of 20%. Aftab in turn sells that plot to Zahid at a loss of 20%. Does the plot cost Zahid?
Masood purchased a plot for Rs. 8,000. He sells the plot to Aftab at a profit of 20%. Aftab in turn sells that plot to Zahid at a loss of 20%. Does the plot cost Zahid?
مسعود نے ایک پلاٹ روپے میں خریدا۔ 8,000 وہ آفتاب کو 20% منافع پر پلاٹ فروخت کرتا ہے۔ آفتاب بدلے میں وہ پلاٹ زاہد کو 20% کے نقصان پر فروخت کرتا ہے۔ پلاٹ کی قیمت زاہد ہے؟
Explanation
8000 x 20 / 100 = 1600 (so Masood earns 1600 profit (20%)
Aftab Purchase plot at 8000 + (20% which is 1600 ) = 9600
20% of 9600 = 1920 (Loss of Aftab)
So The plot costs Zahid: 9600 -1920 = 7680
ND11-4-2023