Minu purchases a pair of sunglasses at Rs. and sells to Kanu at profit. Then, Kanu sells it back to Minu at loss. Finally, Minu sells the same pair of sunglasses to Tanu. If the total profit made by Minu from all her transactions is Rs. , then the percentage of profit made by Minu when she sold the pair of sunglasses to Tanu is
Minu purchases a pair of sunglasses at Rs. and sells to Kanu at profit. Then, Kanu sells it back to Minu at loss. Finally, Minu sells the same pair of sunglasses to Tanu. If the total profit made by Minu from all her transactions is Rs. , then the percentage of profit made by Minu when she sold the pair of sunglasses to Tanu is
Solution
We have three people involved: Minu, Kanu, and Tanu, with the same pair of sunglasses changing hands multiple times.
Minu's initial cost price: Rs. 1000
Minu sells at 20% profit to Kanu.
When we sell at 20% profit, we add 20% of the cost price to the original cost price.
Minu's selling price = 1000 + = 1000 + 200 = Rs. 1200
Minu's profit from Transaction 1 = Rs. 200
Kanu's cost price: Rs. 1200 (what he paid Minu)
Kanu sells at 20% loss to Minu.
When we sell at 20% loss, we subtract 20% of the cost price from the original cost price.
Kanu's selling price = 1200 - = 1200 - 240 = Rs. 960
This becomes Minu's new cost price for the sunglasses = Rs. 960
Minu's cost price for second purchase: Rs. 960
Given: Minu's total profit from all transactions = Rs. 500
Minu's profit from Transaction 1: Rs. 200
Therefore, Minu's profit from Transaction 3:
= 500 - 200 = Rs. 300
Minu's selling price to Tanu = 960 + 300 = Rs. 1260
Percentage profit =
Percentage profit when Minu sold to Tanu = = 31.25%
Minu made a 31.25% profit when she sold the sunglasses to Tanu.
In problems involving multiple transactions, we always track each person's cost price and selling price separately. The key is understanding that one person's selling price becomes another person's cost price.