A dealer buys a wrist watch for 450rs and spends 30rs on its repair . if he sells the same for 600rs , then his profit % will be
a)20%
b)25%
c)30%
d)35%
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A dealer buys a wrist watch for 450rs and spends 30rs on its repair . if he sells the same for 600rs , then his profit % will be .. B) 25%
Answered by
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Step-by-step explanation:
c.p of watch =450
spends. =30
Total c.p. =480
S.P. =600
S P >C.P so profit P=S.P -C.P =600 -480
=120
P%=(P×100)/C.P
=120×100/480
=100/4 =25%
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