V. A man bought an article for * 25 and sold it for 340. Another man bought an article for 350 and so
it for 65. What rate of profit is greater and by what
per
cent? vudeo
Answers
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2
Step-by-step explanation:
CP1 = Rs. 25
SP1 = Rs. 40
CP2 = Rs. 50
SP2 = Rs. 65
Profit = SP1 - CP1
= Rs. (40-25) = Rs. 15
Profit%1 = 15/25×100 = 60%
Profit = SP2 - CP2
= Rs. (65-50) = Rs. 15
Profit%2 = 15/50×100 = 30%
Answer. Profit%1 is greater by 30%
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