An article passing through two hands is solid at a profit of 38% at th

1.	An article passing through two hands is solid at a profit of 38% at the original cost price. If the dealer makes a profit of 20%, then the profit per cent made by the second is ? Don't spam !
Answer» ong>ANSWER: $\huge\underline\bold {Answer:}$ Let the initial COST PRICE of the article be 100 rupees. Profit = 20% S.P. of the 1st dealer $= \frac{100 \times 120 }{100} = 120 \: rupees$ Let the second profit % = x. Then, S.P. of the 2nd dealer $= \frac{120 \times (100 + x)}{100}$ Final S.P. of the article after passing through two hands at a profit = 38% $= \frac{100 \times (100 + 38}{100} = 138$ Given, $\frac{120 \times (100 + 38)}{100} = 138$ $= > 12000 + 120x = 13800$ $= > 120x = 1800 \\ = > x = <klux>15</klux>\%$ So, if the dealer makes a profit of 20%, then the profit per cent made by the second is 15%.