Ramrao bought a cupboard for ₹ 4500 and sold it for ₹ 4950. Shamrao bought a sewing machine for ₹ 3500 and sold it for ₹ 3920. Whose transaction was more profitable?
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Answered by
2
Ramarao is in too profit.
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18
Answer:
Shamrao transcation was more profitable
Step-by-step explanation:
Ramrao bought a cupboard for ₹ 4500 and sold it for ₹ 4950. Shamrao bought a sewing machine for ₹ 3500 and sold it for ₹ 3920
Ramrao cost Price of a cupboard = Rs 4500
Ramrao selling price of Cupboard = Rs 4950
Ramrao Profit on Cupboard = 4950 - 4500 = Rs 450
Ramrao % profit = (450/4500) * 100 = 10 %
Shmarao Cost price of Sewing machine = Rs 3500
Shamrao Selling price of Sewing Machine = Rs 3920
Shamrao Profit on Sewing Machine = 3920 - 3500 = Rs 420
Shamrao % Profit = (420/3500) * 100 = 12 %
12>10
=> Shamrao transcation was more profitable
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