A sells a generator to B at a 25% profit and B sells it to C at a 20% profit. C pays Rs. 3,000 more than A’s cost price. What was A’s cost price?
Correct answer C. Rs. 6,000
Explanation
C pays 1.25 × 1.20 = 1.5 times A's cost. So 0.5 × A's cost = 3,000 and A's cost = Rs. 6,000.
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