Question:
John bought an item for Rs.200 and sold it to Mahesh for a profit of \(20\%\). Mahesh further sold it to Ramesh for a profit of \(10\%\). If Ramesh further sold this item to Virat for Rs.280, then what was the profit percentage of Ramesh approximately?
John bought an item for Rs.200 and sold it to Mahesh for a profit of \(20\%\). Mahesh further sold it to Ramesh for a profit of \(10\%\). If Ramesh further sold this item to Virat for Rs.280, then what was the profit percentage of Ramesh approximately?
Updated On: Oct 22, 2024
- \(8\%\)
- \(6\%\)
- \(4\%\)
- \(5\%\)
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The Correct Option is B
Solution and Explanation
The correct answer is (B),\(6\%\)
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