New Upcoming Legal Jobs Free Workshop March 11 at 5 PM. Register here

    Question

    The selling price of an article by two different vendors

    is Rs.680 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 35 Correct Answer Incorrect Answer
    B 36 Correct Answer Incorrect Answer
    C 33 Correct Answer Incorrect Answer
    D 34 Correct Answer Incorrect Answer

    Solution

    CP of item for first vendor = 680/(100 + 25)% = Rs.544 CP of item for second vendor = 680 × (100 - 25)% = Rs.510 Profit earned by the first vendor = 680 – 544 = Rs.136 Profit earned by the second vendor = 680 – 510 = Rs.170 Required difference = Rs. (170 – 136) = Rs.34

    Practice Next

    Relevant for Exams: