Ahmed Bought A Pencil Box For RS 150 And He sold it For RS 170, Whereas Mohan Bought Pencil Box For RS 200 And He Sold it For RS 250. Who Made More Profit?

Given: Ahmed bought a pencil box for Rs 150 and sold for rs 170

Mohan bough a pencil box for Rs 200 and sell it for 250

To find: Who made more profit

Solution:

Ahmed

CP of pencil box = Rs 150; SP of pencil box = Rs 170

Profit = SP $-$ CP = 170 $-$ 150 = Rs 20

Mohan

CP of pencil box = Rs 200; SP of pencil box = Rs 250

Profit = SP $-$ CP = 250 $-$ 200 = Rs 50

Since Rs 50 > Rs 20, Mohan made more profit than Ahmad.

Tutorialspoint

Updated on: 10-Oct-2022

48 Views

Kickstart Your Career

Get certified by completing the course

Get Started