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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+.20x=y(i)
y+.25y=3375(ii)
from equation 2nd we get
1.25y=33754
y =33751.25
y=2700
putting y in equation 1 we get
1.20x=2700
x=27001.20
x=2250
hence the correct option : B

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