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
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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Answer:-
Given That:-
For Seema:-
⇨Cost price is Rs 5000.
⇨Selling price is Rs 6000.
For Reetu:-
⇨Cost price is Rs 4500.
⇨Selling price is Rs 7200.
Now:-
- Here both are making profit because there selling price is greater than cost price.
So,
Profit = Selling Price - Cost Price
Then:-
For Seema:-
⇒Profit = 6000 - 5000
⇒Profit = Rs 1000
Seema is getting Profit of Rs 1000.
For Reetu:-
⇒Profit = 7200 - 4500
⇒Profit = 2700
Reetu is getting Profit of Rs 2700.
Here:-
Ritu is getting more Profit than Seema.
By,
➥2700 - 1000.
➥1700.
Thus,