Raju buys a watch for rs.350 and sells it for rs.392. Find his profit percentage.
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♦ Given Cost price (C.P) = 350 Rs
♦ Given selling price (S.P) = 392 Rs.
♦ Clearly, S.P > C.P
Therefore gain.
♠ Gain,
= S.P - C.P
= 392 - 350
= 42 Rs.
♥ Then, gain%,
= gain/C.P × 100
= 42/350 × 100
= 4200/350
= 12%.
•°• Raju's gain is 12%.
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