Question

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 1

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