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A manufacturer sells three products i.e. A, B and C. Product A costs 200 and sells for 250. Product B costs 150 and sells for 180. Product C costs 100 and sells for 115. On which product, he has maximum percentage of profit?
ব্যাখ্যা
Question: A manufacturer sells three products i.e. A, B and C. Product A costs 200 and sells for 250. Product B costs 150 and sells for 180. Product C costs 100 and sells for 115. On which product, he has maximum percentage of profit?
Solution:
Product A’s percentage of profit = {(250 - 200)/200} × 100 = 25%
Product B’s percentage of profit = {(180 - 150)/150} × 100 = 20%
Product C’s percentage of profit = {(115 - 100)/100} × 100 = 15%
So, only product A has the highest profit margin.
Solution:
Product A’s percentage of profit = {(250 - 200)/200} × 100 = 25%
Product B’s percentage of profit = {(180 - 150)/150} × 100 = 20%
Product C’s percentage of profit = {(115 - 100)/100} × 100 = 15%
So, only product A has the highest profit margin.