A person sells an item to another person at a profit of 40% and the second person sells it to a third person at a loss of 15%. What is the resultant profit or loss?

A person sells an item to another person at a profit of 40% and the

1.	A person sells an item to another person at a profit of 40% and the second person sells it to a third person at a loss of 15%. What is the resultant profit or loss?
A.	7 %
B.	11 %
C.	19 %
D.	35 %
Answer» D. 35 %

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A person sells an item to another person at a profit of 40% and the second person sells it to a third person at a loss of 15%. What is the resultant profit or loss?

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