Question

A man bought an article for 25 Rs and sold it for 40 Rs Another man bought an article for 50 Rs and sold it for 65 Rs What rate of profit is greater and by what percent?

Answer 1

Answer:

1 is greater by 30 %

Step-by-step explanation:

CP1=Rs 25 SP1 =Rs 40 CP2 = Rs 50 SP2 = Rs 65 profit = SP1 _CP1 = RS ( 40_25)= RS 15 profit %1 = 15/25×100=60 % profit = SP2 _ CP2 = RS ( 65_50 )= RS 15 profit % 2=15/50×100=30%