A person buy a watch for 2000 and sell it for
*2250. What will be his gain percent?
(A) 12.5%
(B) 14%
(C) 14.5%
(D) None of these
Answers
Answered by
1
Answer:
gain %=gain/CP×100
250/2000×100
25/2
12.5%
A is correct
Step-by-step explanation:
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Answered by
1
Option 'A' is correct.
Step-by-step explanation:
Since we have given that
Cost price of watch = Rs. 2000
Selling price of watch = Rs. 2250
So, we need to find the gain percent.
As we know the formula:
Profit = SP - CP
Profit = 2250 - 2000
Profit = Rs. 250
So, Profit % would be
Hence, Option 'A' is correct.
# learn more:
Vijay buy the bicycle for 2000 and spend 200 to repair it and later sells it for 2250 find his profit or loss percent
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