Practicing Success

Target Exam

CUET

Subject

General Test

Chapter

Numerical Ability

Topic

Percentages

Question:

The price of some wooden furniture increases by 65% when it passes through three hands. If the first and second sellers made a profit of 20% and 25%, respectively, then find the profit percentage of the third seller.

Options:

10%

12.5%

16%

8%

Correct Answer:

10%

Explanation:

Effective profit % after 1st two profit = 20 + 25 + \(\frac{20 × 25}{100}\)

= 45 + \(\frac{500}{100}\)

= 45 + 5

= 50%

Let the 3rd profit% be x

So,

50 + x + \(\frac{50x}{100}\) = 65

⇒ 50 + x + \(\frac{x}{2}\) = 65

= \(\frac{100 + 2x + x}{2}\) = 65

= 100 + 3x = 130

= 3x = 30

= x = 10

So, the third profit % = 10%

∴ The required answer is 10%.