Question

.Amit bought a bag of rice for ₹1600 and sold it for ₹

2000. Ajay bought the same for ₹ 1800 and sold it for

₹2700. Who earned more profit ?



​

Answer 1

Answer:

Ajay earned more profit.

Step-by-step explanation:

Amit's profit = 400

Ajay's profit = 900

Answer 2

Answer:

Ajay

Step-by-step explanation:

C.P. of the bag which Amit bought =RS 1600

S.P of the bag which Amit sold = Rs 2000

Profit of Amit = C.P - S.P = RS 400

C.P of the bag which Ajay bought =RS 1800

S.P of the bag which Ajay sold = RS 2700

Profit of Ajay =C.P - S.P =RS 900

900>400

Therefore Ajay has more profit.