The price of a jewellery, passing through three hands. Rises on the whole by 65%. If the first and the second sellers earned 20% and 25% profit respectively, the profit earned by the third seller is = ?
A. 20%
B. 15%
C. 10%
D. 5%
Answer: Option C
Solution(By Examveda Team)
Lets assume the original price of the jewel = Rs. Pand profit earned by the third seller= x%
Then, ( 100 + x )% of 125% of 120% of P = 165% of p
$$\left[ {\frac{{\left( {100 + x} \right)}}{{100}} \times \frac{{125}}{{100}} \times \frac{{120}}{{100}} \times P} \right] = $$ $$\left[ {\frac{{165}}{{100}} \times P} \right]$$
$$\eqalign{ & \Rightarrow \left( {100 + x} \right) = \frac{{165 \times 100 \times 100}}{{125 \times 120}} \cr & \Rightarrow x = 10\% \cr} $$
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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