New Enroll in RBI Grade B New Batch - Starts on May 21

    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: