Question

A man bought an old typewriter for Rs 1200 and spent Rs 200 on its repair. He sold it for Rs 1680. His profit per cent is :

• A. 20%
• B. 10%
• C. 8%
• D. 16%

Answer 1

Answer:

A. 20%

Total CP = 1200+200=Rs. 1400 SP = Rs. 1680 Profit = 280 Profit % = (280/1400)×100=20%