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?
PrinceNeekhra:
Ramrao's
Answers
Answered by
54
C.P. of cupboard bought by Ramrao = Rs. 4500
S.P. of cupboard bought by Ramrao = Rs. 4950
Therefore, Profit of Ramrao = Rs. (4950-4500) = Rs. 450
Again,
C.P. of sewing machine bought by Shamrao = Rs. 3500
S.P. of sewing machine bought by Shamrao = Rs. 3920
Therefore, Profit of Shamrao = Rs. (3920-3500) = Rs. 420
Therefore, Ramrao's transaction was more profitable.
S.P. of cupboard bought by Ramrao = Rs. 4950
Therefore, Profit of Ramrao = Rs. (4950-4500) = Rs. 450
Again,
C.P. of sewing machine bought by Shamrao = Rs. 3500
S.P. of sewing machine bought by Shamrao = Rs. 3920
Therefore, Profit of Shamrao = Rs. (3920-3500) = Rs. 420
Therefore, Ramrao's transaction was more profitable.
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