Question

Ramesh Board books for rupees 300 and sold them for rupees 360 whereas Krishna about books for rupees 500 and he sold them for rupees 590 who made more profit who much percentage give reason​

Answer 1

For Ramesh,

CP = Rs 300

SP = Rs 360

Profit = SP - CP = 360 - 300 = Rs 60

Profit percentage = (profit/CP)*100 = (60/300)*100 = 20%

For Krishna,

CP = Rs 500

SP = Rs 590

Profit = SP - CP = 590 - 500 = Rs 90

Profit percentage = (profit/CP)*100 = (90/500)*100 = 18%

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So, profit percentage of Ramesh is more...

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Hope it helps you...

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