Multiple choice

Vineet calculates his profit percentage on the selling price while Roshan calculates his profit on the cost price. They find that difference of their profits is Rs. $275$. If the selling price of both of them are the same and Vineet gets $25\%$ profit and Roshan gets $15 \%$ profit, then find their selling price

  1. Rs. $2100$
  2. Rs. $2300$
  3. Rs. $2350$
  4. Rs. $2250$
Reveal answer Fill a bubble to check yourself
B Correct answer
AI explanation

Using the given profit percentages, Roshan's profit is 15% of the cost price, which equals 15 divided by 115 multiplied by the selling price. Vineet's profit is 25% of the selling price, making the difference in their profits (25 divided by 100 minus 15 divided by 115) multiplied by the selling price. Setting this difference equal to 275 and solving gives the selling price as Rs. 2300.

Keep practicing — related questions