Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Profit and Loss

Question:

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 :

Options:

36%

24%

20%

27%

Correct Answer:

20%

Explanation:

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%