Quantitative Aptitude Profit and Loss

Ravi sells a chair to Mohan at a profit 10% and Mohan sells it to Govind at profit 20%. If Govind pays Rs. 1,320 for it. Then the cost price for Ravi is:

1

Rs. 900

2

Rs. 1,000

3

Rs. 980

4

Rs. 800

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