a man bought an article for rupees 25 and sold it for rupees 40 another man bought an article for Rs 50 and sold it for rupees 65 what rate of profit is Greater and by what percent
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Answer:
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%
Answer. Profit%1 is greater by 30%.
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