Ramarao bought a cupboard for ₹ 4500 and sold it for ₹ 4950. Shamrao bought a sewing machine for ₹ 3500 and sold it for ₹ 3920. Whose transaction was more profitable ?

Explanation

To determine whose transaction was more profitable between Ramarao and Shamrao, we will calculate the profit made by each and then compare the two profits.

### Step-by-Step Solution:

1. **Calculate the Profit for Ramarao:**
- **Cost Price (CP) of the cupboard:** ₹4500
- **Selling Price (SP) of the cupboard:** ₹4950
- **Profit for Ramarao:**
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