Question

3. A man purchased a cell phone for ? 2,000. By paying ? 200 more, he replaces its body
(case). If he sells the cell phone for 2,500, find his profit or loss per cent.​

Answer 1

Answer:

Cost price of the phone will become after changing the case =2000+200=2200

Selling price =2500

Profit =2500−2200=300

Profit percentage =

2200

300

×100=13.63

Hence, 13.63% is the profit.

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