Question : Arun buys one kilogram of apples for Rs. 120 and sells it to Swati gaining 25%. Swati sells it to Divya who again sells it for Rs. 198, making a profit of 10%. What is the profit percentage made by Swati?
Option 1: 25%
Option 2: 20%
Option 3: 16.67%
Option 4: 15%
Correct Answer: 20%
Solution :
Here SP is the selling price and CP is the cost price.
CP for Arun = Rs. 120
Profit = 25%
SP of apple =
Again, SP by Divya = Rs. 198
Including profit = 10%
CP for Divya =
SP for Swati = Rs 180
Profit percentage =
Hence, the correct answer is 20%.