Question

A man bought an old typewriter for rs. 1200 and spent rs. 200 on its repair. He sold it for rs. 1680. His profit per cent is:

Answer 1

Answer:

20%

Step-by-step explanation:

Cost of typewriter = Rs. 1,200

Total amount spent on typewriter = 1,200+200 = 1,400

Selling price of the typewriter = 1,680

Profit earned = 1,680 - 1,400 = 280

Profit % = 280/1,400 × 100 = 20%

Answer 2

Answer: 20 %

Step-by-step explanation:

Typewriter bought at cost = ₹ 1200

Spent for repair =₹200

Total cost of buying =₹1200+₹200=₹1400

Sold at cost =₹1680

Profit = sold cost - bought cost

= 1680-1400= ₹280

Profit % = profit/bought cost *100

280/1400*100= 20%