Question

    The selling price of an article by two different vendors is Rs.860 and profit earned is 25%. 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 28 Correct Answer Incorrect Answer
    C 43 Correct Answer Incorrect Answer
    D 54 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    CP of item for first vendor = 860/(100 + 25)% = Rs.688 CP of item for second vendor = 860 × (100 - 25)% = Rs.645 Profit earned by the first vendor = 860 – 688 = Rs.172 Profit earned by the second vendor = 860 – 645 = Rs.215 Required difference = Rs. (215 – 172) = Rs.43

    Practice Next

    Relevant for Exams: