Question

Rahul purchased an item and later sold it to Pawan, earning a profit of 19%. Pawan then sold the same item to Lokesh, making a 20% profit on his purchase price. If Lokesh paid Rs. 714 for the item, determine the original purchase price Rahul paid for it.

A Rs. 520
B Rs. 500
C Rs. 450
D Rs. 600
E Rs. 400
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