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      Question

      A product costs a company Rs 120 to manufacture and it

      sold the product to a dealer for Rs 140, who is turn sold it to a shopkeeper for Rs 170, who sold to a customer for Rs 204. What is the percentage for the dealers and who made the highest profit on selling the product?
      A 16 2/3% dealer Correct Answer Incorrect Answer
      B 16 2/3% company Correct Answer Incorrect Answer
      C 21 3/7% dealer Correct Answer Incorrect Answer
      D 21 3/7% shopkeeper Correct Answer Incorrect Answer

      Solution

      Company profit percentage = `(140-120)/120` × 100 = `16 2/3` % Then, dealer’s profit percentage = `(170-140)/140` × 100 = `21 3/7` %  Then, Shopkeeper’s profit percentage = `(204-170)/170` × 100 = 20 % Among the three, dealer get the highest profit percent. 

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