Jim sells a book to Carrey at a profit of 20% and Carrey sells this book...
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Jim sells a book to Carrey at a profit of 20% and Carrey sells this book to Sid at a profit of 25%. Now Sid sells this book at a loss of 10% to Simba. At what percentage loss should Simba sells this book now so that his SP becomes equal to Jim's CP? 1) 26.68% 2) 25.92% 3) 58.66 4) Cannot be determined 5) None of these Jim sells a book to Carrey at a profit of 20% and Carrey sells this book to Sid at a profit of 25%. Now Sid sells this book at a loss of 10% to Simba. At what percentage loss should Simba sells this book now so that his SP becomes equal to Jim's CP? 1) 26.68% 2) 25.92% 3) 58.66 4) Cannot be determined 5) None of these
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Related Book For
Income Tax Fundamentals 2013
ISBN: 9781285586618
31st Edition
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
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