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 of C is 30% more than the cost price of A, then find the profit percentage earned by B.
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2 i.e. 4.
Let the cost price of A be 100 units
so, the cost price of C = 100 + 30 × 100/100 = 130 units
Profit% = [(S.P. - C.P.)/C.P.] × 100
According to the question
A sold the article to B at the price of = 100 + 25 = 125 units
B sold the article to C at the price of 130 units
Hence, the required profit % = [(130 - 125)/125] × 100 = 4 %