Question

    The selling price of an article by two different vendors is Rs.900 and profit earned is 20%. One vendor counts his profit on cost price while other one counts his profit on selling price. Find the difference of profit earned by both the vendors.

    A 32 Correct Answer Incorrect Answer
    B 38 Correct Answer Incorrect Answer
    C 30 Correct Answer Incorrect Answer
    D 35 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    CP of item for first vendor = 900/(100 + 20)% = Rs.750 CP of item for second vendor = 900 × (100 - 20)% = Rs.720 Profit earned by the first vendor = 900 – 750 = Rs.150 Profit earned by the second vendor = 900 – 720 = Rs.180 Required difference = Rs. (180 – 150) = Rs.30

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