Rahul sells his laptop to Ravi at a loss of 20% who subsequently sells it to...
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Rahul sells his laptop to Ravi at a loss of 20% who subsequently sells it to Suresh at a profit of 25%. Suresh after finding some defect in the laptop, returns it to Ravi but could recover only Rs.4.50 for every Rs. 5 he had paid. Find the amount of Suresh's loss if Rahul had paid Rs.50,000 for the laptop? Rahul sells his laptop to Ravi at a loss of 20% who subsequently sells it to Suresh at a profit of 25%. Suresh after finding some defect in the laptop, returns it to Ravi but could recover only Rs.4.50 for every Rs. 5 he had paid. Find the amount of Suresh's loss if Rahul had paid Rs.50,000 for the laptop?
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Management Science The Art of Modeling with Spreadsheets
ISBN: 978-1118582695
4th edition
Authors: Stephen G. Powell, Kenneth R. Baker
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