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M: +1.00/-0.25

Reshma sells an article to Rekha at 37.5% profit, Rekha sells it to Madhu at 9 % profit. Again Madhu sells it to Mitu at 25% loss. If Mitu pays Rs.342 for the article, then what is the cost price of the article to Reshma?

[CLAT 2018]
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