P sold an item to Q at a 20% gain, and Q sold it to R at a loss of 10%. If R bought the item for ₹1,080, then at what price did P purchase it?
Answer & explanation
Correct answer: option 3
P Q R
CP 100 ---20%P-------120-----10%L--------108
⇓× ⇓× 10
1000 1,080 (Given)