The profit percentage of banu and renu is same on selling the articles at Rs 900 each but banu calculates his profit in the selling price while renu calculates it correctly on the cost price which is equal to 10%. What is the difference in their profits?

The profit percentage of banu and renu is same on selling the articles at Rs 900 each but banu calculates his profit in the selling price while renu calculates it correctly on the cost price which is equal to 10%. What is the difference in their profits? 
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1 Answer

Answer :

when profit calculate on SP the profit = 10% of 900 = 90

when profit calculate on CP(x) = x+X/10 = 900

11X=9000

X=818.18

profit= 81.82

required diffference= 90-81.82 = Rs 8.18
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Description : A vendor bought 30 dozen bananas at Rs.16 per dozen. He sold 10 dozens at Rs.20 per dozen and 16 dozens at Rs.25 per dozen. The remaining 4 dozens were rotten and he threw away. Find his profit percentage. a)20% b)25% c)30% d)33 1/3%

Last Answer : b)25%

Prasad and Satish started a business with investments of Rs.2000 and Rs.5300 respectively. At the end of every month, Prasad invests Rs.300 while Satish withdraws Rs.300. What is the ratio in which they should share the profits at the end of one year. a)13:14 b)1:1 c)14:13 d)Cannot be determined

Description : Prasad and Satish started a business with investments of Rs.2000 and Rs.5300 respectively. At the end of every month, Prasad invests Rs.300 while Satish withdraws Rs.300. What is the ratio in which they should share the profits at the end of one year. a)13:14 b)1:1 c)14:13 d)Cannot be determined

Last Answer : b)1:1