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Q: John sells his laptop to Mark at a loss of 20% who subsequently sells it to Kevin at a profit of 25%. Kevin after finding some defect in the laptop, returns it to Mark but could recover only Rs.4.50 for every Rs. 5 he had paid. Find the amount of Kevin’s loss if John had paid Rs. 1,75,000 for the laptop ?

A. Rs.16,500
B. Rs.17,500
C. Rs.14,200
D. Rs.15,520
Answer» C. Rs.14,200


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