Question
"The cost price of the article is ₹1450. Bittu sells it to Chintu for ₹1750. Chintu sells it to Danny for ₹2225. Find the difference between Bittu’s profit % and Chintu’s profit %."
Solution
ATQ, CP for Bittu = Rs.1450 SP for Bittu = Rs.1750 Profit % = (1750-1450)/1450 * 100 = 20.68% CP for Chintu = Rs.1750 SP for Chintu = Rs.2225 Profit % = (2225 -1750)/1750 * 100 = 27.14% Required difference = 27.14% - 20.68% = 6.46%
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