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A Dealer Buys A Wrist Watch For Rs. 225 And Spends Rs.15 On Its Repairs. If He Sells The Same For Rs.300, Find His Profit Percentage ?

Answer»

A dealer BUYS a wrist watch for RS.225

MONEY spent on REPAIRING the watch = Rs.15

TOTAL expenses = Rs.(225+15) = Rs.240

S.P = Rs.300

Profit = SP-CP = Rs (300-240) = Rs.60

Profit% = 60240×100

= 25%

A dealer buys a wrist watch for Rs.225

Money spent on repairing the watch = Rs.15

Total expenses = Rs.(225+15) = Rs.240

S.P = Rs.300

Profit = SP-CP = Rs (300-240) = Rs.60

Profit% = 60240×100

= 25%



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