1. **State the problem:** We need to find who makes the greatest profit percentage between the woman who buys and sells a car and her son who buys and sells a bicycle.
2. **Formula for profit percentage:**
$$\text{Profit Percentage} = \left(\frac{\text{Selling Price} - \text{Cost Price}}{\text{Cost Price}}\right) \times 100$$
3. **Calculate the woman's profit percentage:**
Cost Price (car) = 700000
Selling Price (car) = 749000
Profit = 749000 - 700000 = 49000
$$\text{Profit Percentage}_{woman} = \left(\frac{49000}{700000}\right) \times 100 = 7\%$$
4. **Calculate the son's profit percentage:**
Cost Price (bicycle) = 16000
Selling Price (bicycle) = 17200
Profit = 17200 - 16000 = 1200
$$\text{Profit Percentage}_{son} = \left(\frac{1200}{16000}\right) \times 100 = 7.5\%$$
5. **Compare the profit percentages:**
The son makes a profit percentage of 7.5%, which is greater than the woman's 7%.
**Final answer:** The son makes the greatest profit percentage.
Profit Percentage Ad547D
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