Question 48

If in a business, Alok gains 75% more profit than Akash, then by what percentage profit of Akash is less than the profit of Alok ?

Solution

Let Akash's profit = Rs. 100

=> Alok's profit = $$100\times\frac{(100+75)}{100}=Rs.$$ $$175$$

$$\therefore$$ Required % = $$\frac{(175-100)}{175}\times100$$

= $$\frac{300}{7}=42.85\%$$

=> Ans - (A)

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