Q. 74.3( 15 Votes )
A dealer buys a wristwatch for Rs 225 and spends Rs 15 on its repairs. If he sells the same for Rs 300, find his profit percent.
Answer :
Cost price of wrist watch = Rs.225
Cost of repairing = Rs.15
Total cost = Rs. 225+15 = Rs.240
Selling price of watch = Rs. 300
Gain = Rs. 300-240 = Rs.60
= 
Rate this question :
How useful is this solution?
We strive to provide quality solutions. Please rate us to serve you better.
PREVIOUSA retailer buys a cooler for Rs 1200 and overhead expenses on it are Rs 40. If the coller for Rs 1550, determine his profit percent.NEXTRamesh bought two boxes for Rs 1300. He sold one box at a profit of 20% and the other box at a loss of 12%. If the selling price of both boxes is the same, find the cost price of each box.
Related Videos
Quiz on Profit, Loss and Discount23 mins
NCERT | Profit and Loss41 mins
NCERT | Solving NCERT Questions on Profit and Loss48 mins
Genius Quiz | Only Profit no Loss.33 mins
Deciding business future with Profit and Loss50 mins
Only Profit no Loss42 mins
Profit , Loss & Discounts35 mins
Profit and Loss was Never so Easy41 mins
Quiz | Taxes, Discount and CI45 mins
Quiz | Deciding the Business Future with Profit and Loss54 mins
Quiz on Profit, Loss and Discount23 minsNCERT | Profit and Loss41 minsNCERT | Solving NCERT Questions on Profit and Loss48 minsGenius Quiz | Only Profit no Loss.33 minsDeciding business future with Profit and Loss50 minsOnly Profit no Loss42 minsProfit , Loss & Discounts35 minsProfit and Loss was Never so Easy41 minsQuiz | Taxes, Discount and CI45 minsQuiz | Deciding the Business Future with Profit and Loss54 minsTry our Mini CourseMaster Important Topics in 7 DaysLearn from IITians, NITians, Doctors & Academic Experts
view all courses
Dedicated counsellor for each student
24X7 Doubt Resolution
Daily Report Card
Detailed Performance Evaluation
RELATED QUESTIONS :
What price should a shopkeeper mark on an article that costs him Rs 600 to gain 20%, after allowing a discount of 10%.
NCERT - Mathematics ExemplarOut of the four options, only one is correct. Write the correct answer.
A bought a tape recorder for Rs 8,000 and sold it to B . B in turn sold it to C, each earning a profit of 20%. Which of the following is true:
NCERT - Mathematics ExemplarA lady bought an air-conditioner for Rs 15,200 and spent Rs 300 and Rs 500 on its transportation and repair respectively. At what price should she sell it to make a gain of 15%?
NCERT - Mathematics Exemplar