Question

4. Amit bought a table for 1.200 and
spent/ 200 on its repair. He sold
it for p 1,680. His profit or loss
percent is
12% profit (B) 162% profit
(C) 20% loss (D) 20% profit​

Answer 1

Answer:

Cp = 1200 +200 = 1400

SP = 1680

Profit = 1680 - 1400 = 280

P% = 280/1400 * 100

=20

Profit % =20%

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Answer 2

Step-by-step explanation:

Cost of the table = 1200 Rs

Overhead expenses = 200 Rs

Total Cost Price of the table = 1200+200 = 1400 Rs

Selling price of the table = 1680 Rs

Hence, SP > CP

So it's a profit

Profit = Selling price - Cost price

= 1680-1400

= 280 Rs

Profit percentage = Profit/CP × 100

= 280/1400 × 100

= 20% profit

Therefore, the option is D

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