the price of a jewel passing through three hand rise on the whole by 65% if the first and second seller earned 20% and 25% profit respectively find the percentage profit
earned by the third seller
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Step-by-step explanation:
Let the original price of the jewel be Rs. P and the profit earned by the third seller be x%
S.P. of 1st seller = Rs. 120/100× P = C.P. of 2nd seller
S.P of 2nd seller =Rs. 125/100× 120P
/100 = C.P. of 3rd seller
∴S.P. of 3rd seller =Rs. (100+x)/100× 125
/100 × 120P/100
Given,
Rs. (100+x)/100× 125
/100 × 120P/100= 165P
(100+x)=2/3×165=110⇒x=110−100=10%
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