Question

Shashank buys a cricket bat for ₹2500 and sells it at a profit of 25%. Jayanth
buys a headphone for ₹2000 and sells it at a profit of 35%. Who made more
profit, and by how much?

Answer 1

Shashank buys a cricket bat for (CP) = ₹2500

Shashank sells a cricket bat at the profit of 25%

Selling price of cricket bat (SP) = (cp(100 + profit))/100

= (2500*125)/100

= ₹3125

Shashank sells cricket bat at ₹3125 and profit is ₹625

Jayanth buys a headphone for (CP) = ₹2000

jayanth sells a headphone at the profit of 35%

selling price of headphone (SP) = (cp(100 + profit))/100

= (2000*135)/100

= ₹2700

jayanth sells headphone at ₹2700 and profit is ₹700

jayanth makes ₹75 more profit than shashank