Multiple choice

Neha purchases a designer handbag for Rs. 2000 and sells it to Priya at a 25% profit. Then, Priya sells it back to Neha at a 25% loss. Finally, Neha sells the same handbag to Ria. If the total profit made by Neha from all her transactions is Rs. 1000, what is the percentage of profit made by Neha when she sold the handbag to Ria?

  1. 26.67%

  2. 34.55%

  3. 23.33%

  4. 24.67%

  5. None of these
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A Correct answer
Explanation

Neha buys for 2000. Sells to Priya at 25% profit (2500). Priya sells back to Neha at 25% loss (2500 * 0.75 = 1875). Neha buys for 1875. Total profit = 1000. Neha's profit from first sale = 500. To get 1000 total, she needs 500 more from the sale to Ria. Selling price to Ria = 1875 + 500 = 2375. Profit % = (500/1875) * 100 = 26.67%.

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