Question

A man bought a watch for Rs350 and sold it for Rs 420 what was his profit percent


who can tell me the answer withsolution and explanation i follow him/her plz help me​

Answer 1

Answer:

Cost price(CP) : Rs350

Selling price(SP) : Rs420

Profit : SP-CP

         :420-350

         =Rs70

Profit percent = Profit*100/CP

                       =70*100/350

                       =20%

Hope it helps you!

Answer 2

Given :-

A man bought a watch for Rs 350

A man sold a watch for Rs 420

Solution :-

Here, Cost price of watch = Rs 350

Selling price of watch = Rs 420

For Calculating Profit ,

SP - CP = Profit

420 - 350 = 70

Hence, The profit is Rs 70

Now, Calculating profit percentage

Profit % = Profit / CP * 100

Profit % = 70 / 350 * 100

Profit % = 20

Hence, The man recieved 20 % profit on watch.

Related Formulas :-

• SP - CP = Profit

• CP - SP = Loss

• Profit % = Profit / CP * 100

• Loss % = Loss / CP * 100 $.$