This problem involves a chain of transactions where a laptop's price changes due to profit and loss percentages. We are given the final price paid by the last person (R) and need to work backward to find the initial cost price for the first seller (P).
We know that Q sold the laptop to R at a profit of 20%. This means R's cost price is 120% of Q's cost price.
Let $C_Q$ be the cost price for Q.
R's Cost Price ($C_R$) = $C_Q \times (1 + \text{Profit Percentage})$
$C_R = C_Q \times (1 + 20/100)$
$C_R = C_Q \times (1 + 0.20)$
$C_R = C_Q \times 1.20$
We are given that $C_R = 22,500$. So,
$22,500 = C_Q \times 1.20$
Now, we can find $C_Q$:
$C_Q = 22,500 / 1.20$
$C_Q = 22500 / (12/10)$
$C_Q = 22500 \times (10/12)$
$C_Q = 22500 \times (5/6)$
$C_Q = (22500 / 6) \times 5$
$C_Q = 3750 \times 5$
$C_Q = 18,750$
So, Q's cost price was ₹18,750.
P sold the laptop to Q at a loss of 25%. This means Q's cost price ($C_Q$) is 75% of P's original cost price ($C_P$).
$C_Q = C_P \times (1 - \text{Loss Percentage})$
$C_Q = C_P \times (1 - 25/100)$
$C_Q = C_P \times (1 - 0.25)$
$C_Q = C_P \times 0.75$
We found that $C_Q = 18,750$. Substituting this value:
$18,750 = C_P \times 0.75$
Now, we can find $C_P$:
$C_P = 18,750 / 0.75$
$C_P = 18750 / (75/100)$
$C_P = 18750 \times (100/75)$
$C_P = 18750 \times (4/3)$
$C_P = (18750 / 3) \times 4$
$C_P = 6250 \times 4$
$C_P = 25,000$
The original cost price of the laptop for P was ₹25,000.
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