A sells a gold ring to B for Rs 90,000 losing 20% in the transaction. B sells it to C at a price which would have given a profit of 20% to A. By what percent does B gain?

1 Answer

Answer :

A sells to B at 20% loss

So CP=90000*100/80=112500

20%profit to A= 112500*120/100=135000

Total gain= (135000-90000)=45000

Gain%= 45000/90000*100=50%

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