Q. |
A dealer sells his goods to a retailer at a profit of 5% and the retailer sells it to a customer at a profit of 10%. By how much percentage is the customer’s price more than the dealer’s price? |
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A. 16% |
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B. 20% |
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C. 15.5% |
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D. 16.5% |
Apply AB Method.
5 + 10 + 5*10/100 = 15.5
The customer’s price is 15.5% more than the dealer’s price.