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Aptitude · Q318

Profit And Loss

Competitive Exams · Aptitude · question 318

Q318

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%
Answer
D.
5%

Answer: Option C

Solution

Answer: Option C
Solution:
Lets assume the original price of the jewel = Rs. P
and profit earned by the third seller= x%
Then, ( 100 + x )% of 125% of 120% of P = 165% of p