Quantitative Aptitude Profit and Loss Successive Selling

Piyush sold a guitar to Anuj at 16% gain and Anuj sold it to Mayank at 32% gain. If Mayank paid Rs.3,828 for the guitar, what amount did Piyush pay for the same?

1

Rs.2,500

2

Rs.3,200

3

Rs.1,600

4

Rs.2,800

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