Profit and Loss - Quantitative Aptitude (MCQ) questions for Q. 799

Q.   Find the resultant profit if A sells a cupboard at a profit of 6% to B and B sells the same to C at a profit of 9%.
- Published on 06 Jul 15

a. 15%
b. 16%
c. 14.5%
d. 15.54%

ANSWER: 15.54%
 
The resultant profit = 1.06 * 1.09 = 1.1554 = 15.54%
Alternatively, the resultant profit = [x + y + xy/100]
= 6 + 9 + (6*9)/100
= 15 + 0.54
= 15.54%

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