1.

A person procures an object from seller through two agents. First agent charges 20% commission on the cost of purchase and second agent charges 30% commission on the price after sales from first agent. Further 20% tax on the price of sales from second agent is charged from the person. If the person has obtained loan at 8% p.a. simple interest to pay for the object and pays Rs. 3744 as interest for five years? What is the price of the object sold by seller? (in rupees)

A. 3000
B. 4000
C. 5000
D. 6000
E. 7000
Answer» D. 6000


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