A sells a car to B at a gain of 10% and B again sells it to C at a profit of 5%. If C pays ₹4,06,000 to B, what is the cost price of the car for A? (Consider integral part only)
Answer & explanation
Correct answer: option 3
A B C
CP 100----10%P-----110------5%P-----115.5
⇓× 3515 ⇓× 3515.15
₹3,51,515 4,06,000 (Given)