A retailer buys a watch for Rs 385 .By paying Rs 15 more he gets the strap of the watch replaced by another expensive one. Then he sells the watch for Rs 450 find his gain. Or loss%?
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Answer:
It is GAIN
Step-by-step explanation:
so he payed rupees 385+15= 400
so the amount he paid was 400
but later he sold it for 450 which is more than he paid for buying the watch
so the amount he sold is more hence its profit
gain is 450-400=50
gain is 50
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