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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
=>Â 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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