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Anil sells a car to Bina at a profit of 20%. Bina sells it to Karan at a profit of 25%. If Karan pays Rs. 2,25,000 for it, then, find the CP of the ca
Question

Anil sells a car to Bina at a profit of 20%. Bina sells it to Karan at a profit of 25%. If Karan pays Rs. 2,25,000 for it, then, find the CP of the car for Anil.

A.

Rs. 1,75,000

B.

Rs. 2,00,000

C.

Rs. 1,50,000

D.

Rs. 1,25,000

Correct option is C

Let the Cost Price of Anil of Car = 100 unit
Selling Price for Bina of a Car = 100+ 20% of 100= 120 unit
Selling Price for Karan of Car = 120 + 25% of 120 = 150 unit
150 unit = Rs. 2,25,000
1 unit = 1500
Cost Price for Anil = 1500 × 100= 150000

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