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Q. Two shopkeeper sold two articles at a rate of Rs 1000 per article. The first shopkeeper calculated
his profit on cost price where as the second shopkeeper calculated his profit on selling price. If
each calculated there profit 25%, then find the difference of their profits?​

Answer 1

CP=1000

profit%=25

profit=1000×25/100=250

CP = 1000

profit = 25%

profit =1000×25/125=200

Difference between profit 250 - 200 = 50

Answer 2

Answer:

= ₹50

Step-by-step explanation:

1) who calculate profit on cost price

CP = 1000

profit% = 25%

$profit = \frac{1000 \times 25}{100} = 250$

2) who calculate profit on selling price

CP = 1000

profit = 25%

$profit = \frac{1000 \times 25}{125} = 200$

Difference between profit 250 - 200 = 50