Rohit bought a watch for ₹1200 and spent ₹350 on its repairs. Which of the following is the net profit or loss if Rohit sells the watch for ₹1400 ?
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Answer:
Rohit is in a loss of ₹ 150
Step-by-step explanation:
Money spent to buy and repair the watch = ₹ 1200 + ₹ 350 = ₹ 1550
Money he sold his watch for = ₹ 1400
Loss he suffered from = ₹ 1550 - ₹ 1400 = 150
He suffered from a loss of ₹ 150
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