# JOHN SOLD AN ARTICLE TO PETER AT 20%PROFIT AND PETER SOLD IT TO MOHAN AT 5%LOSS.IF MOHAN PAID RS.912 FOR THE ARTICE,FIND HOW MUCH DID JOHN PAY FOR IT?

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Let John buy the article at a cost C.

Peter buys it at (100+20)C/100 = 1.2 C

Peter sells to Mohan at = [ (100-5) /100 ] * 1.2 C = 0.95 * 1.2 C = 1.14 C

Mohan buys it for 1.14 C = Rs 912

C = Rs 912 / 1.14 = Rs 800

*John paid Rs 800 for the article.*

Peter buys it at (100+20)C/100 = 1.2 C

Peter sells to Mohan at = [ (100-5) /100 ] * 1.2 C = 0.95 * 1.2 C = 1.14 C

Mohan buys it for 1.14 C = Rs 912

C = Rs 912 / 1.14 = Rs 800