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Shakti bought a pizza for Rs. 230 and sold it to Raghav for Rs. 160, Raghav then sold to Dharmesh earning a profit of 32%. Dharmesh sold the pizza to Remo and incurred a loss of 15%. Find the price Remo purchased the pizza for(in Rs.).
1. 192.63
2. 179.52 
3. 184.97
4. 168.25

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Correct Answer - Option 2 : 179.52 

Given:

Shakti bought a pizza for Rs. 230 and sold it to Raghav for Rs. 160.

Raghav then sold to Dharmesh earning a profit of 32%.

Dharmesh sold the pizza to Remo and incurred a loss of 15%.

Formula Used:

Profit or Gain = Selling price – Cost Price

Loss = Cost Price – Selling Price

Profit percentage = (Profit/Cost Price) x 100

Loss percentage = (Loss/Cost price) x 100

Calculation:

Cost price of pizza for shakti = Rs. 230

Cost price of pizza for Raghav = Rs. 160

Cost price for Dharmesh = Rs. (160 × 132%) = Rs. 211.2

Cost price for Remo = Rs. (211.2 × 85%) = Rs. 179.52

∴ Remo purchased the pizza at Rs. 179.52

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