Quantitative Aptitude Profit and Loss Successive Selling

Ankit sells a chair at a loss of 25 percent. If he sells it for Rs. 900 more, then he earns a profit of 5 percent. What should be the selling price of the chair to earn a profit of 40 percent?

1

Rs. 4500

2

Rs. 4800

3

Rs. 4000

4

Rs. 4200

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