A sells an article to B at a loss of 20%, B sells it to C at a profit of 12.5% and sells it to D at a loss of 8%. If D buys it for ₹248.40, then what is the difference between the loss incurred by A and C?
Cost price for D = 248.40
Loss for C = 8%
Cost price for C = 248.40 $$\times \frac{100}{92}$$ = 270
Loss of C = 270- 248.4 = 21.6
Selling price for B = Rs. 270
Profit = 12.5%
Cost price for B = 270 $$\times \frac{100}{112.5}$$ = 240
Selling price for A = Rs.240
Loss = 20%
Cost price for A = 240 $$\times \frac{100}{80}$$ = 300
Loss for A = 300 - 240 = 60
Difference between the loss incurred by A and C = 60 - 21.6 = Rs. 38.4
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