New Click here to Enroll for SIDBI MSME Expert Classes by Experts

    Register

    Question

    The selling price of an article by two different vendors

    is Rs.780 and profit earned is 30%. 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 = 780/(100 + 30)% = Rs.600 CP of item for second vendor = 780×(100 - 30)% = Rs.546 Profit earned by the first vendor = 780 – 600 = Rs.180 Profit earned by the second vendor = 780 – 546 = Rs.234 Required difference = Rs. (234 – 180) = Rs.54

    Practice Next

    Relevant for Exams: