A piece of land came to a person through three middlemen

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A piece of land came to a person through three middlemen each gaining 20%. If the person purchased the land for $ 3,45,600 the original cost of the land was

1. $ 1,00,000
2. $ 1,50,000
3. $ 1,75,800
4. $ 2,00,000

Correct Option: D

Let the original cost of the land be $ p.
According to the question,

⇒ p =	462 × 100 × 100	= $ 400
	110 × 105