Ram bought a bike at 20% discount on MRP. After 1 year Ram sell the bike to Ramesh at 10% loss. After 1 year more Ramesh sell the bike at 20% profit to Ranjan. If Ranjan paid Rs. 1,29,600, then find the M.R.P. of the bike ?

Ram’s cost price = M.R.P. × $frac{{80}}{{100}}$

Ramesh C.P = M.R.P. × $frac{{80}}{{100}} imes frac{{90}}{{100}}$

Ranjan C.P. = M.R.P. ×$frac{{80}}{{100}} imes frac{{90}}{{100}} imes frac{{120}}{{100}}$

=1,29,600

⇒ M.R.P. = Rs. 1,50,000