A Watch is Purchased for ₹ 400 and Sold for ₹ 460. The Profit Percents is

  1. 12%
  2. 13%
  3. 15%
  4. 15.5%
Manish Listener Asked on 15th June 2015 in Maths.
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  • 1 Answer(s)

    Answer: (3) 15%
    Explanation:-
    C.P. of a watch = Rs.400
    S.P. of a watch = Rs.460
    Profit = S.P. – C.P.
    Profit = 460 – 400
    = Rs.60
    Profit% = Profit x 100/C.P.
    Profit% = 60 x 100/400
    = 60/4 = 15%
    Hence, the answer is 15%.

    Anurag Mishra Professor Answered on 17th June 2015.
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