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    • Question

      Anil sold an item to Ravi at a profit of 15%. Ravi then

      sold it to Suresh making a profit of 25%. If Suresh purchased the item for Rs. 690, what was the original price Anil 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 Anil bought the item be Rs. ‘x’

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

      Then, cost price for Suresh = 125% of 1.15x = Rs. 1.4375x

      Therefore, 1.4375x = 690

      x = 480

      So, the price at which Anil bought the item = Rs. 480

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