which gives greater rate of profit of rs 15 on article which cost rs 35 and rs 40 on an article which cost rs 90 and by what percentage??
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Step-by-step explanation:
CASE 1
CP of the article=15/-
SP of the article=35/-
SP is greater than CP
So there is a profit
Profit=SP – CP
=35 – 15
=20
Since , profit=20/-
PROFIT%= Profit/CP × 100
= 20/15 × 100
=4/3 × 100
=400/3%
Therefore,profit% = (approximate) ≈133.3%
CASE 2
CP of the article=40/-
SP of the article=90/-
SP is greater than CP
SP is greater than CPSo there is a profit
Profit = SP – CP
=90 – 40
=50
Since , profit = 50/-
PROFIT% = Profit/CP × 100
= 50/40×100
= 125
Therefore, profit%=125%
NOW LET US COMPARE
25% and 125%
we can observe that 125% is greater than 25%
So the second case will have more profit by 100%
HOPE THE ANSWER HELPS YOU
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