Question
A product costs a company Rs 120 to manufacture and it
sold the product to a dealer for Rs 140, who is turn sold it to a shopkeeper for Rs 170, who sold to a customer for Rs 204. What is the percentage for the dealers and who made the highest profit on selling the product?Solution
Company profit percentage = `(140-120)/120` × 100 = `16 2/3` % Then, dealer’s profit percentage = `(170-140)/140` × 100 = `21 3/7` % Then, Shopkeeper’s profit percentage = `(204-170)/170` × 100 = 20 % Among the three, dealer get the highest profit percent.
- Why was Madhav National Park recently in the news?
What was the name of Elon Musk's newly launched political party in the USA?
- Which bank launched the ‘SME Growth Booster’ initiative to provide collateral-free loans to small businesses?
RBI imposed a monetary penalty of ₹2.70 lakh on which NBFC for non-compliance with its Internal Ombudsman directions?
What was the theme for Kargil Vijay Diwas 2025?
Gujarat regained its ‘Tiger State’ status after how many years, as confirmed by NTCA?
What is the primary focus of the Indian Genomic Data Set launched at the Genome India Data Conclave?
The Union Cabinet recently approved the National EdTech Mission (NEM) with a budget allocation of:
What is the focus of the "Bal Vivah Mukt Bharat" campaign launched on 27th November 2024?
How many students will receive ₹12,000 scholarships in the first phase of NHAI’s “Project Aarohan”?
Relevant for Exams:
