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A sells a suitcase to B at 10% profit. B sells it to C at 30% profit. If C pays $ 2,860 for it, then the price at which A bought it is
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- $ 1,000
- $ 1,600
- $ 2,000
- $ 2,500
Correct Option: C
Here , C pays = $ 2,860
Let the C.P. of the suitcase for A be $ y, then
According to question ,
y × | × | = 2860 | 100 | 100 |
⇒ y = | = $ 2000 | 110 × 130 |