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SSC MTS 2020 · PYQ · Profit and Loss · medium

A sells an article to B at 12% profit. B sells it to C at 9% loss. If C pays ₹15,288 for it, then at what price (in ₹) is the article purchased by A?

  1. A.16,000
  2. B.15,000✓ Correct
  3. C.14,250
  4. D.16,800

Explanation

Let A's cost = x. B buys at 1.12x, C buys at 1.12x × 0.91 = 15288. So x = 15288/(1.12×0.91) = 15288/1.0192 ≈ 15,000.
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