A sells a scooter to B at a 20% gain and B sells it to C at a 10% loss. If C pays Rs. 2,700, what did A pay for it?
Correct answer D. Rs. 2,500
Explanation
C's price = 1.20 × 0.90 × A's cost = 1.08 × A's cost. So A's cost = 2,700/1.08 = Rs. 2,500.
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