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Question

Ramayya bought pens for Rs. 200 and he sold them for Rs. 240 whereas Somayya bought pens for Rs. 500 and he sold them for Rs. 575. Who made more profit?

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Solution

CP of Rammayya is 200
SP of Rammayya is 240
The profit is 240200=40
CP of Somayya is 500
SP of Somayya is 575
The profit is 575500=75
Somayya made more profit

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