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Question

A wholesaler sells his goods at profit of 20% to a retailer. A retailer sells goods at a profit of 25% on Rs. 3,375. The cost price of goods for the wholesaler was


A
Rs. 2,700
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B
Rs. 2,250
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C
Rs. 2,400
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D
Rs. 2,475
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Solution

The correct option is B Rs. 2,250
solution:
 let  $$x$$ be the price which wholesaler gets
let $$y $$ be the price for which wholesaler sells 

and let y be the 
$$x +.20 x = y(---i)$$
$$y + .25 y = 3375 ---(ii)$$
from equation 2nd we get 
$$1.25 y =3375$4
y =$$ \dfrac{3375}{1.25}$$
$$y = 2700$$
putting y in equation 1 we get
$$1.20 x = 2700$$
$$x = \dfrac{2700}{1.20}$$
$$x = 2250$$
hence the correct option : B

Mathematics

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