PU-MET : Panjab University MBA Entrance Exam with MCQ Answers 2019

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16.

A sells a bicycle to B at a profit of 20% and B sells it to C at a profit of 25 %. If C pays Rs. 1500. What did A pay for it?

A: Rs. 825
B: Rs. 1000
C: Rs. 1100
D: Rs. 1125

The answer is: B

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