Question

rishi bought a wrist watch of rupee 1120 and sold it for rupee 1200 then find his profit .​

Answer 1

CP of a watch is 1200. Profit is 20% of CP, which is 240. CP + Profit = SP i.e., 1440 without calculating discount. Now, we know that MP - Discount= SP.

MP- 10%MP=1440

On solving this equation we will get the answer

MP=1600.

Answer 2

Answer:

The CP is 1120

The SP is 1200

Profit = CP - SP

= 1200-1120

= 80