Question

maganlal bought trousers for RS400 and a shirt for RS200 and sold them for RS448and RS250 respectively. which of these transactions was more profitable? please answer with the formula
$profit = \frac{p}{cp} \times 100$
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Answer 1

Step-by-step explanation:

profit on trousers=p/cp*100

=48/400*100

=12%

profit on shirt=p/cp*100

=50/200*100

=25%

Therefore, shirt transactions was more profitable.