Question : A sells a cycle to B at a profit of 20% and B sells it to C at a loss of 25%. If C bought the cycle for Rs. P, then the cost price of it for A was:
Option 1:
Option 2:
Option 3:
Option 4:
Correct Answer:
Solution :
Let the cost price of the cycle for A as
Given that A sells the cycle to B at a profit of 20%.
The selling price for A =
B sells it to C at a loss of 25%.
The selling price for B
Given that C bought the cycle for Rs. P.
Hence, the correct answer is
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