X sold a toy to Y at a profit of 50% and Y sold it Z at a loss of 50%. If X purchased this toy for ₹12,000, then at what price did Z purchase this toy from Y?

₹9,000

Let the cost price = 100   

           X                      Y                    Z

CP    100----50%P------150---50%L----75

        ⇓×120                                       ⇓×120    

      12,000 (Given)                             9000