A sold an article to B at 25% profit , B sold it to C at a 12% loss. If C paid ₹1,815 for the article, how much (in ₹) did A pay for the article?
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2 i.e. 1,650.
Let the cost price for A = x
A sells to B at 25% profit ⇒ Selling Price = x × 1.25
B sells to C at 12% loss ⇒ Selling Price = x × 1.25 × 0.88
x × 1.25 × 0.88 = 1815
x = 1650