Kapil sells a mobile to Sachin at a gain of 15% and Sachin again sells it to Rohit at a profit of 12%. If Rohit pays Rs.322, what is the cost price of the mobile for Kapil?
Answer & explanation
Correct answer: option 3
ATQ
Kapil Sachin Rohit
CP(Let) 100---- +15%---------115-------+12%------129.8
⇓×2.5 ⇓×2.5
250 322(Given)