SOLUTION: Jeni bought a second hand stereo and then sold it to rea at a profit of 40%. Rea then sold the stereo to nonoy at a profit of 20%. If Nonoy paid Php2,856 more than it cost to jeni,

Question 1140437: Jeni bought a second hand stereo and then sold it to rea at a profit of 40%. Rea then sold the stereo to nonoy at a profit of 20%. If Nonoy paid Php2,856 more than it cost to jeni, how much did jeni paid for the unit ?

Found 2 solutions by josgarithmetic, MathTherapy:
Answer by josgarithmetic(39620) (Show Source): You can put this solution on YOUR website!
4200 Php

Jeni sold at
Rea sold at

Nonoy paid Php 2856 more than Jeni:
Answer by MathTherapy(10552) (Show Source): You can put this solution on YOUR website!
Jeni bought a second hand stereo and then sold it to rea at a profit of 40%. Rea then sold the stereo to nonoy at a profit of 20%. If Nonoy paid Php2,856 more than it cost to jeni, how much did jeni paid for the unit ?

The other person's CORRECT!
I missed the part that says Nonoy paid Php 2,856 MORE than Jeni paid. Read it as: Nonoy paid Php 2,856.
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