Q7 of 70 Page 13

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.

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


=


More from this chapter

All 70 →
5

A retailer buys a radio for Rs 225. His overhead expenses are Rs 15. If he sells the radio for Rs 300, determine his profit percent.

 6

A 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.

 8

Ramesh 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.

 9

If theselling price of 10 pens is equal to cost price of 14 pens, find the gain percent.