Piyush sold a guitar to Anuj at 16% gain and Anuj sold it to Mayank at 32% gain. If Mayank paid Rs.3,828 for the guitar, what amount did Piyush pay for the same?
Answer & explanation
Correct answer: option 1
Piyush Anuj Mayank
Let CP 100 ------+16%---------116--------+32%-------153.12
⇓ ×25 ⇓ ×25
Rs.2500 3828 (Given)