Multiple choice

A product costs a company Rs 120 to manufacture, and it sold the product to a dealer for Rs 140, who in turn sold it to a shopkeeper for Rs 170, who sold to a customer for Rs 204. Who made the highest profit percent on selling the product and how much?

  1. 20 1/3% company

  2. 21 3/7% dealer

  3. 20 1/3% dealer

  4. 16 2/3% customer

  5. None of these

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Company: CP=120, SP=140, Profit=20, Profit% = 20/120 × 100 = 16.67%. Dealer: CP=140, SP=170, Profit=30, Profit% = 30/140 × 100 = 21.43%. Shopkeeper: CP=170, SP=204, Profit=34, Profit% = 34/170 × 100 = 20%. Customer has no profit. Dealer's profit = 21 3/7% is highest.