“A” sells a bicycle to “B” at a profit of 20% and “B” sells it to “C” at a profit of 5%. If “C” pays ₹3780, what did “A” pay for it?
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Step-by-step explanation:
C pays 3780. B got 5% profit on X amount, where X is Cost Price(Price at which A sold to B) of B. X+0.05X=3780; Therefore B got the bicycle at X= 3780/1.05=3600. A paid 3000 for the bicycle.
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