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The price of a land passing through three hands, rises on the whole by 65%. If the first and second sellers earned 20% and 25% profit, respectively. Find the profit earned by the third seller ?
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- 20%
- 55%
- 10%
- 25%
- .
Correct Option: C
Required profit = (100 + 65) x (100/120) x (100/125) - 100
= 110 - 100 = 10%
