A watch bought for Rs 12000 is sold for Rs 30000. Calculate the profit or loss percentage.
Answers
Answered by
0
Answer:
Cost price of watch=Rs 12000
Selling price of watch=Rs 30000
Therefore
Profit=Selling price- Cost price=30000-12000=Rs18000
Profit%=(Profit/Cost price)*100%=(18000/12000)*100%=150%
Loss=Cost price- Selling price=12000-30000=Rs-18000
Loss%=(Loss/Cost price)*100%=(-18000/12000)*100%=-150%
Similar questions