Question:
A merchant made a profit of ₹ 275 on the sale price of a sweater that cost the merchant ₹ 1225.
A. The profit expressed as a percentage of the sale cost to the merchant
B. The profit expressed as a percentage of the sale price.
In this question two quantities A and B are given. Compare the two quantities
A merchant made a profit of ₹ 275 on the sale price of a sweater that cost the merchant ₹ 1225.
A. The profit expressed as a percentage of the sale cost to the merchant
B. The profit expressed as a percentage of the sale price.
In this question two quantities A and B are given. Compare the two quantities
A. The profit expressed as a percentage of the sale cost to the merchant
B. The profit expressed as a percentage of the sale price.
In this question two quantities A and B are given. Compare the two quantities
Updated On: Sep 23, 2024
- if quantity A is greater than quantity B
- if quantity B is greater than quantity A
- if quantities A and B are equal
- if comparison cannot be made
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The Correct Option is A
Solution and Explanation
A merchant made a profit of \(₹\)275 on the sale price of a sweater that cost the merchant \(₹\)1225.
A. The profit expressed as a percentage of the sale cost to the merchant
B. The profit expressed as a percentage of the sale price
C.P = 1225
Profit = 275
Selling price = cost + profit
S.P = 1225 + 275
S.P. = 1500
A. The profit expressed as a percentage of the sale cost to the merchant:
\(\frac{275}{1225}=22.44\%\)
B. The profit expressed as a percentage of the sale price:
\(\frac{275}{1500}=18.33\%\)
So, quantity A is greater than quantity B.So the correct option is (A)
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