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    Question

    Anita sold a gadget to Bhavesh making a profit of 15%.

    Bhavesh then sold it to Chetan at a gain of 25%. If Chetan purchased the gadget for Rs. 690, find the amount Anita originally paid for it.
    A Rs.480 Correct Answer Incorrect Answer
    B Rs.800 Correct Answer Incorrect Answer
    C Rs.560 Correct Answer Incorrect Answer
    D Rs.200 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    ATQ,

    Let, the price at which Anita bought the gadget be Rs. ‘x’

    So, cost price of gadget for Bhavesh = 115% of x = Rs. 1.15x

    And, cost price of gadget for Chetan = 125% of 1.15x = Rs. 1.4375x

    Therefore, 1.4375x = 690

    x = 480

    So, the price at which Anita bought the gadget = Rs. 480

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