Multiple choice

Priya buys a smartwatch for Rs. 2,000 and sells it to Neha at a profit of 25%. Later, Neha returns the smartwatch to Priya at a loss of 25%. Eventually, Priya sells the same smartwatch to Rohan. If the total profit Priya earns from all these transactions is Rs. 1,200, then what was the percentage profit Priya made on the final sale to Rohan?

  1. 27.33%

  2. 31.33%

  3. 37.33%

  4. 47.33%

  5. a

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

Priya buys at 2000. Sells to Neha at 2500 (25% profit). Neha sells back to Priya at 25% loss of 2500, which is 1875. Priya now has the watch at cost 1875. Total profit = 1200. Profit from first sale = 500. Profit from final sale = 1200 - 500 = 700. Final sale price = 1875 + 700 = 2575. Profit % = (700/1875) * 100 = 37.33%.