There are five levels {P, Q, R, S, T} in a linear supply chain before a product reaches customers, as shown in the figure.

At each of the five levels, the price of the product is increased by 25%. If the product is produced at level P at the cost of Rs. 120 per unit, what is the price paid (in rupees) by the customers?

1
187.50
2
234.38
3
292.96
4
366.21

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