Question

Anu bought a shirt for ₹1340 and sold it at ₹1400, while Manu bought a shirt for ₹1260 and sold it at ₹1310. Whose transaction was more profitable?

• A. Anu
• B. Manu
• C. Both earned the same profit.
• D. Data insufficient

Answer 1

The correct option is A Anu

Anu's transaction:
C.P = 1340, S.P = 1400
$\because$ S.P > C.P , Anu earns a profit
Anu's Profit = S.P - C.P
= 1400 - 1340 = ₹60

Manu's transaction:
C.P = 1260, S.P = 1310
$\because$ S.P > C.P , Manu earns a profit
Manu's Profit = S.P - C.P
= 1310 - 1260 = ₹50

Anu's profit is greater than Manu's.
$\therefore$ Anu's transaction is more profitable.