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An article passing through two hands is sold at a profit of 38% at the original cost price. If the first dealer makes a profit of 20%, then the profit percent made by the second is
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- 15%
- 12%
- 10%
- 5%
Correct Option: A
Let the profit percent made by the second person be y.
| ∴ 38 = |  | y + 20 + | 20y |  | % | |
| 100 |
| ⇒ 38 = y + 20 + | 5 |
| ⇒ | = 38 - 20 | 5 |
| ⇒ | = 18 | 5 |
| ⇒ y = | = 15% | 6 |
