Question

Amit bought a table for 1200 and spent 200 on its repair .he sold it for 1680.his profit or loss prevent is​

Answer 1

Answer:

profit

Step-by-step explanation:

p = sp-cp

1690-1400

= 280

Answer 2

Answer:

Amit sold the table at a profit of 280

Step-by-step explanation:

The cost of repair is always included in the cost price.

Therefore, the cost peice of the table is given by:

Cost price = 1200 + 200 = 1400

So, here we count that Amit bought the table at 1400

He sold it at 1680, meaning he sold it at a profit since the selling price is higher than the cost price.

So, Amit sold the table at a profit of:

Profit = 1680 - 1400 = 280