A sells a horse to B for Rs. 4860, thereby losing 19 percent, B sells it to C at a price which would have given A, 17 percent profit. Find B's gain?
Correct Answer: Rs. 2160
Explanation:
Cost of the horse paid by A = (4860 x 100) / 81 = Rs. 6000
Cost of the horse paid by C = (6000 x 117) / 100 = Rs. 7020
Gain of B = Rs. 7020 - Rs. 4860 = Rs. 2160
