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,

Algebra ->  Customizable Word Problem Solvers  -> Misc -> 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,      Log On

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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) About Me  (Show Source):
You can put this solution on YOUR website!
4200 Php

Jeni sold at 4200%2A1.4
Rea sold at 4200%2A1.4%2A1.2

Nonoy paid Php 2856 more than Jeni: 4200%2A1.4%2A1.2-4200=2856

Answer by MathTherapy(10552) About Me  (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.