Maganlal bought trousers for Rs 400 and a shirt for Rs 200 and sold them for Rs 448 and Rs 250 respectively. Which of these transactions was more profitable?
Answers
Answer:
Since selling price of trousers is more than cost price of trousers, so there is a profit. Since selling price of a shirt is more than cost price of a shirt, so there is a profit. So, Maganlal made a profit of 12% on trousers and 25% on a shirt. Hence, transaction with the shirt was more profitable.
Cost price of trousers = Rs 400
Selling price of trousers = Rs 448
Since selling price of trousers is more than cost price of trousers, so there is a profit.
Profit = Selling price − Cost price
= 448 − 400
= Rs 48
Cost price of a shirt = Rs 200
Selling price of a shirt = Rs 250
Since selling price of a shirt is more than cost price of a shirt, so there is a profit.
Profit = Selling price − Cost price
= 250 − 200
= Rs 50
Let x % be the profit on selling trousers and y % be the profit on selling a shirt. Then,
x100=Profitcost price=48400 and
y100=Profitcost price=50200
⇒x100×100=48400×100 and
y100×100=50200×100
⇒ x = 12 and y = 25
So, Maganlal made a profit of 12% on trousers and 25% on a shirt.
Hence, transaction with the shirt was more profitable.
ANSWER:-
Cost of trousers = 400
Selling price of trousers = 448
= 448 - 400
= 48
Cost of Shirt = 200
Selling price of shirt = 250
= 250 - 200
= 50
____________________
50 > 48
Hence,selling the shirt is more profitable