Q: A sells a Cricket Bat to B at a profit of 20%. B sells it to C at a profit of 25%. If C pays $237 for it, the cost price of the Cricket Bat for A is:
Options:
(A) 150
(B) 120
(C) 158
(D) 160
(E) 210 Let's give some random thoughts before answering.
125% of 120% of A = 237
125/100 * 120/100 * A = 237
A = 237 * 2/3 = 158.
Therefore, the answer is (C).