Question

a man bought an article for rupees 25 and sold it for rupees 40. Another man bought an article for rupees 50 and sold it for rupees 65.Whose rate of profit is greater and by what percent

Answer 1

2nd person had more profit

Answer 2

for 1st person c.p=25 s.p=40. gain=40-25=15 gain%=15/25×100=60. for 2nd person c.p=50 s.p=65 gain=65-50=15 gain%=15/50×100=30