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 Rs. 3780, what did A pay for it?
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Answer:
S.P = Rs.1500
B′s profit % = 25%
C.P for B= 100/125 × 1500 = 1200
C.P for B = S.P for A=1200
Profit % for A = 20%
C.P for A = 100/120 × 1200 = 1000 rupees.
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