Question

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

• A. 15%
• B. 18%
• C. 20%
• D. 22%

Answer 1

Answer:

C. 20%

Total CP = Rs. 1400 SP = Rs. 1680 Profit = 280 Profit %=(280/1400)x100=20%