SOLUTION: A sells an article to B at a profit of 20%. B sells it to C at a profit of 4%. What does it cost to C if he paid rs. 624

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Question 1121252: A sells an article to B at a profit of 20%. B sells it to C at a profit of 4%. What does it cost to C if he paid rs. 624
Answer by Boreal(15235) About Me  (Show Source):
You can put this solution on YOUR website!
A is x
B is 1.2x
For C the profit is 1.2*0.04*x=0.048x, so from A to C is 1.248x
The wording isn't clear but if C paid 624, that represents 1.248 x.
Dividing by 1.248 x, the original cost was 500 rs.
B paid 600 and C paid 624