Seema purchased a Mobile phone for Rs 5000 and sold it for 6000, Ritu purchased a mobile phone for Rs 4500 and sold it for 7200. Who made more profit and by how much.
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Answers
Answer:
Step-by-step explanation:
For seema :-
Cost price is Rs 5000.
Selling price is Rs 6000.
For Ritu :-
Cost price is Rs 4500.
Selling price is Rs 7200.
Here Both are making profit because there selling price is greater than cost price.
So,
Profit = Selling price - Cost price
For seema :-
Profit = 6000 - 5000
= Rs 1000
Seema is getting profit of Rs 1000.
For Ritu :-
Profit = 7200 - 4500
= 2700
Ritu is getting profit of Rs 2700.
Here,
Ritu is getting more profit than seema.
By,
➞ 2700 - 1000
➞ 1700
Thus,
Ritu is getting Rs 1700 profit more than seema.
Ritu is getting ₹1700 profit.
For Seema= s.p- 6000
c.p- 5000
For Ritu= c.p- 4500
s.p- 7200
So, here we see that they both are making profit because their selling price is more than cost price.
Profit= sp-cp
For Seema = 6000-5000
= 1000
Here, Seema is getting profit of 1000.
For Ritu = 7200-4500
= 2700
Here, Ritu is getting profit of 2700.
So, Ritu is getting more profit than Seema.
By, 2700-1000
= 1700
So, Ritu us getting more profit of ₹1700 than Seema.
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