Correct Answer: Option A

Explanation

Let the selling price(SP from P to Q be represented by x

i.e. SP = x

When SP = x at 10% profit

CP = \(\frac{100}{100}\) + 10 of x = \(\frac{100}{110}\) of x

when Q sells to R, SP = N209 at loss of 5%

Q's cost price = Q's selling price

CP = \(\frac{100}{95}\) x 209

= 220.00

x = 220

= \(\frac{2200}{11}\)

= 200

= N200.00

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