Rohan bought a wrist watch for ₹2250 and spent 150 on its repairs. If he sold the watch for 3000, find his profit or loss percent.
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Answer:
25%
Step-by-step explanation:
C.P of watch = ₹2250
Money spent on repairing of watch=₹150
Total C.P of watch= 2250+150= ₹2400
S.P of watch= ₹ 3000
S.P is more than the C.P.
So, there is a profit.
Profit=S.P - C.P
= 3000-2400=600
Profit % = profit
----------- X 100
C.P
= 600
------------ X100
2400
=25%
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