Answer

Verified

449.1k+ views

Hint: More percentage of profit means the transaction is more profitable. We have to consider in which case the percentage of profit is more. That will be the more profitable item.

Complete step-by-step answer:

For the trouser cost price = Rs. 400 and selling price = Rs. 448

We know that profit = selling price – cost price.

So amount of profit = \[\text{Rs}\text{. (}448-400)=\text{ Rs}\text{. }48\]

We know that percentage of profit = \[\dfrac{profit}{\text{cost price}}\times 100\]

So, percentage of profit for trouser = \[\dfrac{48}{\text{400}}\times 100\]=\[12%\]

Now, for the shirt cost price = Rs. 200 and selling price = Rs. 225

So, amount of profit = \[\text{Rs}\text{. (}225-200)=\text{ Rs}\text{. }25\]

So, percentage of profit for shirt = \[\dfrac{25}{\text{200}}\times 100\] = \[12.5%\]

We can clearly see that the percentage of profit for shirts is more than the trouser as 12.5% is greater than 12%. So, Maganlal earned more profit for shirts than trousers.

Therefore, according to the question the transaction for the shirt was more profitable.

Note: Though the amount of profit is more for the trouser than the shirt but percentage of profit is more important than amount of profit in a business. Therefore, we have to ignore the value of the amount of profit and concentrate on the percentage of profit here. Therefore, the shirt is the more profitable one.

Complete step-by-step answer:

For the trouser cost price = Rs. 400 and selling price = Rs. 448

We know that profit = selling price – cost price.

So amount of profit = \[\text{Rs}\text{. (}448-400)=\text{ Rs}\text{. }48\]

We know that percentage of profit = \[\dfrac{profit}{\text{cost price}}\times 100\]

So, percentage of profit for trouser = \[\dfrac{48}{\text{400}}\times 100\]=\[12%\]

Now, for the shirt cost price = Rs. 200 and selling price = Rs. 225

So, amount of profit = \[\text{Rs}\text{. (}225-200)=\text{ Rs}\text{. }25\]

So, percentage of profit for shirt = \[\dfrac{25}{\text{200}}\times 100\] = \[12.5%\]

We can clearly see that the percentage of profit for shirts is more than the trouser as 12.5% is greater than 12%. So, Maganlal earned more profit for shirts than trousers.

Therefore, according to the question the transaction for the shirt was more profitable.

Note: Though the amount of profit is more for the trouser than the shirt but percentage of profit is more important than amount of profit in a business. Therefore, we have to ignore the value of the amount of profit and concentrate on the percentage of profit here. Therefore, the shirt is the more profitable one.

Recently Updated Pages

How many sigma and pi bonds are present in HCequiv class 11 chemistry CBSE

Why Are Noble Gases NonReactive class 11 chemistry CBSE

Let X and Y be the sets of all positive divisors of class 11 maths CBSE

Let x and y be 2 real numbers which satisfy the equations class 11 maths CBSE

Let x 4log 2sqrt 9k 1 + 7 and y dfrac132log 2sqrt5 class 11 maths CBSE

Let x22ax+b20 and x22bx+a20 be two equations Then the class 11 maths CBSE

Trending doubts

Which are the Top 10 Largest Countries of the World?

Fill the blanks with the suitable prepositions 1 The class 9 english CBSE

Difference between Prokaryotic cell and Eukaryotic class 11 biology CBSE

Give 10 examples for herbs , shrubs , climbers , creepers

Difference Between Plant Cell and Animal Cell

The Equation xxx + 2 is Satisfied when x is Equal to Class 10 Maths

Change the following sentences into negative and interrogative class 10 english CBSE

Differentiate between homogeneous and heterogeneous class 12 chemistry CBSE

Select the word that is correctly spelled a Twelveth class 10 english CBSE