Question
A jewel was sold passing through 3 hands and overall,
its price is raised by 60%. The first seller earns 15% profit, and the second seller earns 20% profit, respectively. Find the percentage of profit earned by the third seller.Solution
Let the initial price be P. Price after first sale (15% profit) =1.15P Price after the second sale (20% profit) =1.20P x 1.15 = 1.38P Final price (60% increase overall) =1.60P Profit by third seller =1.38P × (1+x) = 1.60P 1+x =1.60/1.38 = 1.1594 1+x =1.1594 x = 0.1594 x=15.94%
More Profit and loss Questions
- Evaluate: 210 ÷ 15 × 7 + 200 – 50% of 600
(165 × 12) ÷ 45 + 110 = ? × 2
- What will come in place of (?) in the given expression.
(1/4 + 1/2) of 240 = ? 12.5% of 45 % of 480 + 957/29 = ? -14 × 15
11 × 25 + 12 × 15 + 14 × 20 + 15 = ?
What approximate value should come in the place of question mark in the following questions?
(49.6 × 19.8) ÷ 9.9 = ?
25% of 240 + √? = (2/3) × 120
154 × 7 + 480 × 5 =?% of 6956
?/343 = 7/?
36 x 3.6 ÷ 0.5 ÷ ? = 64
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