Question

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?​

Answer 1

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! :)