7 Views

Question : A sold an article to B at 25% profit, and B further sold it to C by earning a certain profit. If the cost price for C is 30% more than the cost price for A, find the profit percentage earned by B.

Option 1: $5\frac{1}{2}\%$

Option 2: $4\%$

Option 3: $5\%$

Option 4: $4\frac{1}{2}\%$


Team Careers360 19th Jan, 2024
Answer (1)
Team Careers360 20th Jan, 2024

Correct Answer: $4\%$


Solution : Let the cost price for A be $x$.
Now, selling price of A = Cost price of B = $\frac{100 + \text{Profit}}{100}$ × Cost price = $\frac{100 + 25}{100}\times x$ = $1.25x$
Now the cost price of C = $x + \frac{30}{100}\times x$ = $1.3x$
The cost price of C is equal to the selling price of B.
$\therefore$ Profit percentage = $\frac{1.3x – 1.25x}{1.25x}\times 100$ = 4%
Hence, the correct answer is 4%.

SSC CGL Complete Guide

Candidates can download this ebook to know all about SSC CGL.

Download EBook

Know More About

Related Questions

TOEFL ® Registrations 2024
Apply
Accepted by more than 11,000 universities in over 150 countries worldwide
Manipal Online M.Com Admissions
Apply
Apply for Online M.Com from Manipal University
View All Application Forms

Download the Careers360 App on your Android phone

Regular exam updates, QnA, Predictors, College Applications & E-books now on your Mobile

150M+ Students
30,000+ Colleges
500+ Exams
1500+ E-books