Quantitative Aptitude Profit and Loss Successive Selling

A sold a bike to B at a price 10% higher. B sold the same bike to C at a price 20% higher. If the amount at which A purchased the bike is Rs. 70000. Find the price of the bike for C. 

1
Rs. 86400
2
Rs. 94600
3
Rs. 88700
4
Rs. 92400
5
Rs. 102400

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