Ganesh and Harish each bought a bicycle for ₹6000. Ganesh sold his at a profit of 15%, and Harish sold his for 15% more than the price Ganesh charged. Harish's profit percent is:

Question

Accepted Answer

32.25. Ganesh's selling price = 6000 × 1.15 = ₹6900. Harish's = 6900 × 1.15 = ₹7935, so his profit is ₹1935 on a cost of ₹6000 = 32.25%. (Adding the two 15%s to get 30% ignores that Harish's extra 15% is taken on ₹6900, not on ₹6000.)

Ganesh and Harish each bought a bicycle for ₹6000. Ganesh sold his at a profit of 15%, and Harish sold his for 15% more than the price Ganesh charged. Harish's profit percent is:

Step-by-Step Solution

Master this topic in 30 minutes a day.

More Ratio, Percentage & Commercial Math practice