Question

A dealer buys a wrist watch for rs 225 and spends rs 15 on its repaies. If he sells the same for rs 300. Find his profitvpercent

Answer 1

Cost price = 225 + 15  = 240

Selling price = 300

Profit = 300 - 240

          = 60

Profit % = profit * 100/cost price

              = 60 * 100/240

              = 25

So, the profit is 25%.


Hope this helps!

Answer 2

wrist watch c.p is 225₹.
the dealer sends 15₹ on its repair so,total c.p is 225+15=240.
he sells it at 300₹.
profit=s.p-c.p
300-240
=60
profit%=profit×100/c.p
60×100/240
6000/240
25
therefore he get his profit is 25%.


hope it helps