Question

(a
(c) Sir Stafford Cripps
(dh Lord Wavell
A shopkeeper buys a watch for Rs. 350/- and sells it for Rs. 392/-. Find his percentage of profit?
(a) 9%
(b) 10%
(c) 11%
(d) 12%
Which Act with some amendments
45. In
(a)​

Answer 1

Buying Price : Rs 350

Selling Price : Rs 392

Profit : RS 392- RS 350 = RS 42

Profit percentage : Profit ÷ Buying price × 100 = 42÷ 350×100 = 12%

So the answer is option d i.e. 12%

Answer 2

profit percentage =392-350=45 , 45%