thr profit i earned by selling the watch worth₹800 for ₹992
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Answer :
The profit earned on watch is 24%
Step-by-step Explanation :
Given : Cost price = 800Rs
Selling price = 992 Rs
To find : Profit gain = ?
Cost price = 800 Rs
Selling price = 992 Rs
Profit on watch = 992 - 800 = 192 Rs
So,
Percentage profit earned on watch = profit/C.P × 100
= 192/800 × 100
= 192/8 = 24%
Hence the profit earned on watch is 24%
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