Question
Akash buys an article and sells it to B for Rs. 1450.
Meanwhile, Chintu buys the same article from Bittu for Rs. 1750 and later sells it to Danny for Rs. 2225. Determine the difference between the profit percentage of Bittu and the profit percentage of Chintu.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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