Question

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.

NO SPÅM​

Answer 1

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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