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A sold an item to B at 20% profit. B sold it to C at 10% loss. If C paid ₹2160, what was A's cost price?
Answer & Solution
Correct answer: D.
1. Let A's CP = x. A's SP = 1.2x (= B's CP).
2. B's SP = 0.9 · 1.2x = 1.08x = 2160.
3. x = 2160/1.08 = ₹2000.
_Source: TSICET 2024 PYQ Q.82 (Shift 1, Profit and Loss)_
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