Sanjay bought a new watch of 800 rupees and sold it for 1000 rupees dinker bought a car for 400000 and sold it for 420000 who made a better sale Sanjay or dinker
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Answer:
Sanjay
Step-by-step explanation:
Sanjay :
Cost price of the watch = ₹ 800
Selling price of the watch = ₹ 1000
Profit = Selling price - Cost price = ₹ 1000 - ₹ 800
Profit = ₹ 200
Profit % = (Profit / Cost price ) x 100
Profit % = (200 / 800 ) x 100 = 25%
Dinker :
Cost price of the car = ₹ 400000
Selling price of the car = ₹ 420000
Profit = Selling price - Cost price = ₹ 420000 - ₹ 400000
Profit = ₹ 20000
Profit % = (Profit / Cost price ) x 100
Profit % = (20000 / 400000 ) x 100 = 5%
Profit % of Sanjay is more than the profit % of Dinker.
So Sanjay made a better sale.
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