Question

A man bought an article for rupees 25 and sold it for 40 rupees. Another man bought it for rupees 50 and sold it for 65 rupees. Whos profit is greater and by what percentage

Answer 1

Answer:

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%

Answer. Profit%1 is greater by 30%

Step-by-step explanation:

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