Ahmed sells a cell phone with a cost price of Rs 8000 for Rs 8400 and atablet with a cost price of Rs 6000 for Rs 4200. On which transaction does he earn a higher
profit percentage?
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Answer:
Selling price of first tablet = 8400rs
Cost price = 8000rs
Hence, profit of 400rs
Selling price of second tab= 4200rs
Cost price = 6000rs
Hence , loss of 1800rs
He earned higher on first transaction
profit / CP × 100
400
--------× 100
8000
= 5%
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