Explanation:

- Let's denote the amount of money each friend has: Priya as P, Kavya as K, Gaurvi as G, and Shalini as S.

- From the first statement: If Priya takes Rs88 from Kavya, Priya's amount will equal Gaurvi's. Thus, \(P + 88 = G\).

- The second statement: Shalini and Kavya together have Rs550. Thus, \(S + K = 550\).

- The third statement: If Gaurvi takes Rs25 from Shalini, Gaurvi's new total equals Kavya's amount. Thus, \(G + 25 = K\).

- Finally, the total amount with Shalini, Kavya, and Gaurvi is Rs840, so \(S + K + G = 840\).

By substituting these equations and solving them:

- Substitute \(G = P + 88\) in \(G + 25 = K\), then \(K = P + 88 + 25 = P + 113\).

- From \(S + K = 550\), we express Shalini as \(S = 550 - K\).

- Substituting \(K = P + 113\) into \(S + K + G = 840\), we get \(550 - K + K + P + 88 = 840\), simplifying to \(P = 202\).

- Therefore, Priya has Rs202.

- Answer: Option 4 - Rs202

“”