Question

67. A dealer buys a wrist watch for
*225 and spend * 15 on its
repairs. If he sells the same for
300, his profit per cent is:
(a) 15% (6) 20%
(c) 25% (d) 30%​

Answer 1

Answer:

CP=225

Total CP after reparation on watch=225+15=240

SP=300

Profit=SP-CP=300-240=60

Profit℅= profi/total cost price

=60/240 *100=6000/240=25℅

Hence,option C)25℅ is your answer.