Ranjan sold his bag to Joydip at a gain of 8\% and Joydip sold it to Raju at a gain of 10\% . If Raju paid Rs. 297 for it, the price paid by Ranjan is - Quantitative Aptitude MCQ WBCS Mains 2026 | ExamTest.live

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Ranjan sold his bag to Joydip at a gain of 8% and Joydip sold it to Raju at a gain of 10% . If Raju paid Rs. 297 for it, the price paid by Ranjan is:

Solution & Step-by-step Explanation

Let the price paid by Ranjan be P . 1. Ranjan sells to Joydip at an 8% profit: Price for Joydip = P \times (1 + \frac{8}{100}) = 1.08 P 2. Joydip sells to Raju at a 10% profit: Price for Raju = 1.08 P \times (1 + \frac{10}{100}) = 1.08 P \times 1.10 = 1.188 P Given that Raju paid Rs. 297 : 1.188 P = 297 P = \frac{297}{1.188} = 250 Thus, the price paid by Ranjan is Rs. 250 .

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Ranjan sold his bag to Joydip at a gain of 8% and Joydip sold it to Raju at a gain of 10% . If Raju paid Rs. 297 for it, the price paid by Ranjan is:

\text{Rs. } 250

\text{Rs. } 260

\text{Rs. } 270

\text{Rs. } 280

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