2. A shopkeeper bought a watch for 675, and replaced its strap by a chain for * 75 and
then sold it for * 850. Find his loss or gain%.
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Answered by
0
Answer:
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Step-by-step explanation:
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Answered by
1
Step-by-step explanation:
Total amount spend on watch
Amount of C. P. + Amount spent on strip
= 675 + 75
= ₹750
Now ,
it's S. P. is ₹850
In comparing to the S. P. we are gaining profit
Hence,
profit = S. P. - C. P.
= 850 - 750
= ₹100
Profit% = Profit*100/C. P.
= 100*100/750
= 13.33% (approx.)
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