Question 512 Marks
A person sells a watch costing ₹ 750 for ₹ 840. Find his profit or loss per cent.
Answer
View full question & answer→$\text {Cost price of watch} =$ ₹ $750$
$\text {Selling price} =$ ₹ $840$
$\because$ Profit $= \text{SP} - \text{CP} =840-750=$ ₹ $90$
$\therefore$ Profit$\%=\frac{\text { Profit }}{\text{CP}} \times 100$
$=\frac{90}{750} \times 100=\frac{900}{75}=12 \%$
$\text {Selling price} =$ ₹ $840$
$\because$ Profit $= \text{SP} - \text{CP} =840-750=$ ₹ $90$
$\therefore$ Profit$\%=\frac{\text { Profit }}{\text{CP}} \times 100$
$=\frac{90}{750} \times 100=\frac{900}{75}=12 \%$