Mr Lin buys an article and sells it to Mr Chen at a gain of 25%. Mr Chen sells the article to Mr Ang at a gain of 20%. How much money did Mr Lin pay for the article, if Mr Ang pays $360 for it?

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Ashish Kumar Jaryal asked Jun 20, 2022

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Mr Lin buys an article and sells it to Mr Chen at a gain of 25%. Mr Chen sells the article to Mr Ang at a gain of 20%. How much money did Mr Lin pay for the article, if Mr Ang pays $360 for it?

Mathematics
high-school

Ashish Kumar Jaryal asked Jun 20, 2022

by Ashish Kumar Jaryal

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I *think* it’s 216, you may have to check me tho. My reasoning is, 360/5 = 72 360-72= 288 288/4= 72 288-72=216. Let me know if that’s right! :)

Ajit Dongre answered Jun 25, 2022

by Ajit Dongre

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