Sara bought a watch for 275 and sold it for 297 find the profit percentage
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The profit percentage is 8%
Given:
Sara bought a watch for 275 Rs
Sara sold the watch for 297 Rs
To find:
The profit percentage
Solution:
Sara bought a watch for 275 Rs
Then the cost price of watch will be = 275 Rs
Sara sold the watch for 297 Rs
Then the selling price of watch will be = 297 Rs
The profit gained on watch = selling price - cost price
= 297 - 275 = 22 Rs
The profit percentage = (profit/C.P) × 100
= = = 2(4) = 8%
The profit percentage = 8%
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