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.660 and profit earned is 25%. 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 35 Correct Answer Incorrect Answer
    B 36 Correct Answer Incorrect Answer
    C 33 Correct Answer Incorrect Answer
    D 34 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    CP of item for first vendor = 660/(100 + 25)% = Rs.528 CP of item for second vendor = 660 × (100 - 25)% = Rs.495 Profit earned by the first vendor = 660 – 528 = Rs.132 Profit earned by the second vendor = 660 – 495 = Rs.165 Required difference = Rs. (165 – 132) = Rs.33

    Practice Next