Question
Quantitative Aptitude Question on Percentage
John bought an item for Rs.200 and sold it to Mahesh for a profit of 20%. Mahesh further sold it to Ramesh for a profit of 10%. If Ramesh further sold this item to Virat for Rs.280, then what was the profit percentage of Ramesh approximately?
A
8%
B
6%
C
4%
D
5%
Answer
6%
Explanation
Solution
The correct answer is (B),6%