The price of a jewel, passing through three sellers, rises on the whole by 65%. If the first and the second sellers earned 20% and 25% profit respectively. The percentage profit earned by third seller is?
The price of a jewel, passing through three sellers, rises on the whole by 65%. If the first and the second sellers earned 20% and 25% profit respectively. The percentage profit earned by third seller is?
Solution
✅ Correct Option: 2
Successive rises multiply, so . Since , we get , so the third seller's profit is .
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