Question

Karim makes a loss of 19% by selling a mobile phone to mohan at rs 4860. If mohan sells it to rahim at the same price in which karim sells to mohan then karim makes a loss of 17%.what is the percentage profit of mohan

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Answer 1

cost of mobile paid by karim = (4860 x 100) / 81 = Rs. 6000
cost of mobile paid by rahim = (6000 x 117) / 100 = Rs. 7020
profit of mohan = Rs. 7020 - Rs. 4860 = Rs. 2160