Find the resultant profit if A sells a cupboard at a profit of 6% to B and B sells the same to C at a profit of 9%. Choose the correct answer.
A) 15.59%
B) 15.24%
C) 15.54%
D) 55.24%
E) 15.44%
Explanation:   The resultant profit = 1.06 * 1.09= 
<gadget id="calculator">1.06 * 1.09</gadget>
<output>1.1554</output>
1.1554= 15.54%   Alternatively, the resultant profit = [x + y + xy/100]   = 6 + 9 + (6*9)/100   = 15 + 0.54= 
<gadget id="calculator">15 + 0.54</gadget>
<output>15.54</output>
15.54%   ANSWER: 15.54%
<result>C</result>
Find the resultant profit if A sells a cupboard at a profit of 6% to B and B sells the same to C at a profit of 9%.