Please answer these questions.
Answers
Step-by-step explanation:
Answer 1-Cost price of the article bought by the first man=25
Selling price=40
Profit=40-25
=15
profit%=profit/100*cost price
profit%=15/100*25
profit%=3.75%
Cost price of the article bought by the second man-50
Selling price=65
Profit=65-50
=5
profit%=5/100*50
profit %=2.5%
The greater profit is the first one(3.75%)
3.75-2.5
BY 1.25%
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Answer:
In question 1 there are two cases
case-1:
he bought article at 25rs that means cp =25
he sold an article at 40rs that means sp=40
profit = (sp-cp)
profit%=(sp-cp/cp)*100
here profit = 40-25= 15
profit% = (40-25/25)*100=60%
case-2:
he bought article at 50rs that means cp =50
he sold an article at 65rs that means sp=65
profit = (sp-cp)
profit%=(sp-cp/cp)*100
here profit = 50-65= 15
profit% = (50-65/65)*100=60%
here both cases are equal with 60% profits