Question

Amit bought a table for Rs 1200 and spent Rs 200 on its repair. He then sold it for Rs 1680. Amit's percentage profit or loss is
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Answer 1

Step-by-step explanation:

Total cost spent= 1200+200

=1400

Cost price Rs 1400

Selling price Rs 1680

Profit percent= (Profit x 100)/CP

(280 x 100)/ 1400

28000/1400

=20

Hope it helps

Answer 2

Answer:

20%

Step-by-step explanation:

Total cost= Cost of buying + Cost of repair= 1200+200=1400

Selling Price=1680

Profit= 1680-1400=280

Profit%=280/1400*100=20%