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Q.

Amar sold his moped to Bharat at 20% profit and Bharat sold it to Sridhar at 10% profit. Sridhar sold the same to a mechanic and received Rs. 2,316. If Amar had sold the same moped to the mechanic and received the same amount the mechanic paid to Sridhar, what profit percentage would  have Amar made?

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a

52% 

b

48%

c

33.3% 

d

Cannot be determined

answer is D.

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Detailed Solution

No information about the profit or loss got by sridhar from mechanic

so we can not determine the requirement value

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Amar sold his moped to Bharat at 20% profit and Bharat sold it to Sridhar at 10% profit. Sridhar sold the same to a mechanic and received Rs. 2,316. If Amar had sold the same moped to the mechanic and received the same amount the mechanic paid to Sridhar, what profit percentage would  have Amar made?