Question

A man bought an article for $Rs25$ and sold it for $Rs40$. Another man bought an article for $Rs50$ and sold for $Rs65$. What rate of profit is greater and by what per cent?

Answer 1

Case$1$

Cost Price$=Rs.25$

Selling Price$=Rs.40$

Profit$=S.P-C.P=Rs.40-Rs.25=Rs.15$

Profit$\%=\frac{15}{25}\times 100=60\%$

Case$2$

Cost Price$=Rs.50$

Selling Price$=Rs.65$

Profit$=S.P-C.P=Rs.65-Rs.50=Rs.15$

Profit$\%=\frac{15}{50}\times 100=30\%$

$\therefore Profit\%ofcase1>Profit\%ofcase2by30\%$