A sells a bicycle to B at a profit of 20%. B sells it to C at a profit of 25%. If C pays Rs. 225 for it, the cost price of the bicycle for A is:________?
Q1. A sells a bicycle to B at a profit of 20%. B sells it to C at a profit of 25%. If C pays Rs. 225 for it, the cost price of the bicycle for A is:________?
Answer: Rs. 150
Explanation: Working backwards: B's cost = 225/1.25 = 180; A's cost = 180/1.20 = Rs. 150.