A man bought an article for25 and sold it for40. Another man bought an

1.	A man bought an article for25 and sold it for40. Another man bought an article for50 and soldit for65 . What rate of profit is greater and by what per cent?
Answer» CP1 = Rs. 25SP1 = Rs. 40CP2 = Rs. 50SP2 = Rs. 65 Profit = SP1 - CP1= Rs. (40-25) = Rs. 15Profit%1 = 15/25×100 = 60% Profit = SP2 - CP2= Rs. (65-50) = Rs. 15Profit%2 = 15/50×100 = 30% Answer. Profit%1 is greater by 30%

A man bought an article for25 and sold it for40. Another man bought an article for50 and soldit for65 . What rate of profit is greater and by what per cent?

Answer»

CP1 = Rs. 25SP1 = Rs. 40CP2 = Rs. 50SP2 = Rs. 65

Profit = SP1 - CP1= Rs. (40-25) = Rs. 15Profit%1 = 15/25×100 = 60%

Profit = SP2 - CP2= Rs. (65-50) = Rs. 15Profit%2 = 15/50×100 = 30%

Answer. Profit%1 is greater by 30%