EXERCISE 9 (D)
1. A man bought an article for 25 and sold it for 40. Another man bought an article for 50 and sold
it for 65. What rate of profit is greater and by what percent?
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Answer:
I man by 30 %
Step-by-step explanation:
For I man
profit=40-25= Rs 15
% profit=100*15/25=1500/25=60%
For II man
profit=65-50= Rs 15
% profit=100*15/50=1500/40=30%
I man proft% is more
Difference=60%-30%=30%
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