Syntel Company Numerical Ability Profit and Loss

A person buys an item at Rs. 120 and sells to another at a profit of 25%. If the second person sells the item to another at Rs. 180, what is the profit % of the second person?

Read Solution (Total 2)

1st person's sp=150
2nd person's cp=150
sp=180
profit=(30/150)*100%=20%
10 years agoHelpfull: Yes(2) No(0)

answer=20% Profit
A buys an item Rs-120 and it gains 25%..so the selling price will be Rs-150
s.p=(100+gain%)/100*c.p
=>s.p=Rs-150
now the second person's cost price is Rs-150 and his selling price is Rs-180 so gain is Rs-30 and it is in percentage by Gain% = (gain*100)/c.p
the answer is 20% profit
10 years agoHelpfull: Yes(0) No(0)

Syntel Other Question

A trader bought an item for Rs. 200. If he wants a profit of 22%, at what price must he sell it? A milk vendor mixes water to 20 lt of milk such that the ratio of milk and water is 4:3. He sold the mixture at Rs. 12 per liter but bought the milk at Rs. 10 per liter. Find the profit % of the vendor.