Aptitude

Topic: Profit and Loss

The price of a jewel, passing through three hands, rises on thewhole by 65%.if the first and second sellers earned 20% and 25%profit respectively,find the percentage profit earned by thethird seller?

let the original price of the jewel be Rs P andlet the profit earned by the third seller be x%then (100+x)% of 125% of P=165% of P[(100+x)/100]*(125/100)*(120/100)*P=(165/100)*P100+x=(165*100*100)/(125*120)100+x=110x=10%

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