Question: A sales an article to B at profit of 10%, B sales it to C at a profit of 20%. C's price is what percent more than A's price?
Answer:
-
(A to B)
-
(B to C)
C’s price is 32% more than A’s price.
Detail Solution:
-
Let A’s price = ₹100
-
A sells to B at a profit of 10%, so B’s price = ₹100 + 10% of ₹100
=> B’s price = ₹100 + ₹10 = ₹110 -
B sells to C at a profit of 20%, so C’s price = ₹110 + 20% of ₹110
=> C’s price = ₹110 + ₹22 = ₹132 -
Now, C’s price is ₹132, and A’s price is ₹100.
Percentage increase =
=>
** C's price is 32% more than A's price.
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