Question

A man Bought an article for ₹25 and sold it for ₹40. Another man bought an article for ₹50 and sold it for ₹65. What rate of profit is greater and by what per cent

Answer 1

P=SP-CP
40-25=15 r
P=SP-CP
65-50=15 r
Profit % = P/CP *100
15/25*100
= 60%


Profit % = P/CP*100
=15/50*100
=30%


therfore, 1st person who sold for rs 40 with profit percent of 60 is greater than the second man by 30%.
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