Quantitative Aptitude Profit and Loss Successive Selling

Manasi purchased an oven for Rs.12,000. She sold it to Rama at a gain of 10%. If Rama sells it to Rashmi at a loss of 7%, how much did Rashmi pay for it?

1

Rs.11,276

2

Rs.12,276

3

Rs.12,076

4

Rs.12,270

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