Question

44. 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
2
(A) 12% profit (B) 16-% profit
3
(D) 20% profit
(CY 20% loss​

Answer 1

Answer:

D- 20% profit

Step-by-step explanation:

Cost of the table = $1200

Overhead charges = 200

S.P of the table = 1680

total C.P of the table = 1200+200=1400

here S.P is greater than C.P so it's profit

Profit = 1680-1400=280

formula for profit% = profit/C.P*100

Profit% = 280/1400*100 = 20%

THEREFORE THE PROFIT PERCENTAGE = 20% PROFIT

C.P means cost price. cost price is the price you buy an item for. here he bought the table for $1200 and you must add overhead charges to the cost price.

S.P means selling price. selling price is the price you sell an item for. here he sold the item for $1680.

if C.P greater than S.P then it's loss.

if S.P greater than C.P then it's profit.

PLEASE MARK AS BRAINLIEST