Practicing Success
A pen passing through two hands is finally sold at a profit of 44% of the original cost price. If the first dealer makes a profit of 20%, then the profit made by the second dealer is : |
36% 24% 20% 27% |
20% |
Use direct concept of successive percentage = Successive = x + y + \(\frac{x × y}{100}\) Successive = 20 + y + \(\frac{20 × y}{100}\) = 44% y + \(\frac{20 × y}{100}\) = 24% 6y = 120% y = 20% |