An article passing through two hands is sold at a profit of 38% at the original cost price. If the first dealer makes a profit of 20% , then the profit percent made by the second is -
A. 5
B. 10
C. 12
D. 15
Answer: Option D
Solution(By Examveda Team)
Let the original cost of the article be Rs. P and the profit percent made by the second be x% .Then,
120% of (100 + x)% of P = 138% of P
$$\eqalign{ & \Rightarrow \frac{{120}}{{100}} \times \frac{{\left( {100 + x} \right)}}{{100}} = \frac{{138}}{{100}} \cr & \Rightarrow \frac{{100 + x}}{{100}} = \frac{{23}}{{20}} \cr & \Rightarrow 100 + x = 115 \cr & \Rightarrow x = 15 \cr} $$
Related Questions on Profit and Loss
A. 45 : 56
B. 45 : 51
C. 47 : 56
D. 47 : 51
A. Rs. 2600
B. Rs. 2700
C. Rs. 2800
D. Rs. 3000
A. A neither losses nor gains
B. A makes a profit of 11%
C. A makes a profit of 20%
D. B loses 20%
A. Rs. 3,750
B. Rs. 3,250
C. Rs. 2,750
D. Rs. 2,250
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