New RBI Grade B 2025 Notification will come Soon! Enroll Here

    Question

    The price of some wooden furniture increases by 65%

    when it passes through three hands. If the first and second sellers made a profit of 20% and 25%, respectively, then find the profit percentage of the third seller.
    A 25% Correct Answer Incorrect Answer
    B 20% Correct Answer Incorrect Answer
    C 15% Correct Answer Incorrect Answer
    D 10% Correct Answer Incorrect Answer

    Solution

    solution- I   II 25%30% Successive profit = 20 + 25 + 20×25/100=50% Let the third profit be x% then - 50+x+50×x/100=65 50+x+50x/100=65 (100x+50x)/100=65-50 150x=1500 x=10

    Practice Next

    Relevant for Exams: