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%. The plot costs Zahid ?

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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%. The plot costs Zahid ?

 

A. Rs. 12,000
B. Rs. 10,000
C. Rs. 8670
D. Rs. 7680(Correct)

 

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