A painting was passed through two hands is sold at a profit of 50% at

1.	A painting was passed through two hands is sold at a profit of 50% at the original cost price. If the 1st buyer made a profit of 20%, then the profit percent made by the second buyer is?1. 302. 353. 204. 255. 40
Answer» Correct Answer - Option 4 : 25 Given: (i) Total profit = 50% (ii) 1^st buyer’s profit = 20% Calculations: Let CP be 100 Then, SP is 150. Let Profit made by 2^nd dealer be x% Then, (100 + x)% of 120% of 100 = 150 ⇒ (100 + x)/100 × 120/100 × 100 = 150 ⇒ 6(100 + x) = 750 ⇒ 600 + 6x = 750 ⇒ 6x = 750 – 600 ⇒ 6x = 150 ⇒ X = 25% ∴ the profit of the 2^nd dealer is 25%.

A painting was passed through two hands is sold at a profit of 50% at the original cost price. If the 1st buyer made a profit of 20%, then the profit percent made by the second buyer is?1. 302. 353. 204. 255. 40

Answer» Correct Answer - Option 4 : 25

Given:

(i) Total profit = 50%

(ii) 1^st buyer’s profit = 20%

Calculations:

Let CP be 100

Then, SP is 150.

Let Profit made by 2^nd dealer be x%

Then, (100 + x)% of 120% of 100 = 150

⇒ (100 + x)/100 × 120/100 × 100 = 150

⇒ 6(100 + x) = 750

⇒ 600 + 6x = 750

⇒ 6x = 750 – 600

⇒ 6x = 150

⇒ X = 25%

∴ the profit of the 2^nd dealer is 25%.

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A painting was passed through two hands is sold at a profit of 50% at the original cost price. If the 1st buyer made a profit of 20%, then the profit percent made by the second buyer is?1. 302. 353. 204. 255. 40

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