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rita bought dress at 3000 sold it to sita for 25 % profit,
sita didnt like it sold it back to rita for 10 % loss. wat
% of profit rita got during the transaction ?
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Answer Posted / soma
Rita purchased at 3000/-
Sold it to sita for 25% profit, that is 3750/-
sita sold it again to rita at 10% loss, that is 3375/-
so sita gained a total profit of 375/- profit
profit % = $profit
profit% = ------------------------ × 100%
$cost price
so the profit % 375/3000*100 = 12.5%
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