Question

ramrao bought a cupboard for 4500 and sold it for 4950 shamrao bought a sewing machine for 3920 whose transaction was more profitable ​

Answer 1

Step-by-step explanation:

Since selling price is more than cost price, so there is a profit. So, Shamrao made a profit of Rs 420 in this transaction. So, Ramrao made a profit of 10% on a cupboard and Shamrao made a profit of 12% on a sewing machine. ∴ Shamrao's transaction was more profitable.

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