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A sold an article to B at 20% profit and B sold to C at 15% loss. If A sold it to C at the selling price of B, then A would make
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- 5% profit
- 2% profit
- 2% loss
- 5% loss
Correct Option: B
Let Cost Price of article for A = Rs. 100
On 20% profit ,
| A’s Selling Price = | = Rs. 120 | 100 |
On 15% loss ,
| B’s Selling Price = | = Rs. 102 = C.P. for C | 100 |
Profit = B’s Selling Price - A’s Selling Price = 102 - 100 = Rs. 2
| ∴ Required profit percent = | = 2% | 100 |
