An article passing through two hands, is sold ata profit of38% at the

1.	An article passing through two hands, is sold ata profit of38% at the original cost price. Ifthefirst dealer makes a profit of20%, then the profitpercent made by the second is:(a) 5%(c) 12%37.(b) 10%(d) 15%
Answer» Let Original Price was Rs. 100. Then, With 38% profit the selling price would be = 100 + 38% of 100 = Rs. 138. First dealer makes profit of 20%, then he must have sold it at, = 100 + 20% of 100 = Rs. 120. Now, Profit for second dealer = 138 - 120 = Rs. 18.Therefore, % Profit = (18 *100)/120 = 15%.

An article passing through two hands, is sold ata profit of38% at the original cost price. Ifthefirst dealer makes a profit of20%, then the profitpercent made by the second is:(a) 5%(c) 12%37.(b) 10%(d) 15%

Answer»

Let Original Price was Rs. 100. Then,

With 38% profit the selling price would be

= 100 + 38% of 100 = Rs. 138.

First dealer makes profit of 20%, then he must have sold it at,

= 100 + 20% of 100 = Rs. 120.

Now, Profit for second dealer = 138 - 120 = Rs. 18.Therefore,

% Profit = (18 *100)/120 = 15%.