Question

3. Vivek buys an electronic watch for 2570 and money spent on the repair 50. Then he sold that watch at 2250. Find his loss on watch.
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Answer 1

Answer:

₹370 loss

Step-by-step explanation:

Cost Price (CP) of watch = ₹2570

Overhead charges = ₹50

Total CP = CP + Overheads = ₹2570 + ₹50 = ₹2620

Selling Price (SP) of watch = ₹2250

Loss = CP - SP = ₹2620 - ₹2250 = ₹370

Answer 2

₹370 loss is the right answer

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