jessbragoli
jessbragoli jessbragoli
  • 22-06-2021
  • Mathematics
contestada

A watch was purchased for Rs. 150 and sold for Rs.300. Find the profit percent.

a.150%
b.50%
c.100%
d.15%

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Respuesta :

mathstudent55
mathstudent55 mathstudent55
  • 22-06-2021

Answer:

c. 100%

Step-by-step explanation:

profit or loss = (sale price - purchase price)/(purchase price) * 100%

profit or loss = (Rs. 300 - Rs. 150)/(Rs. 150) * 100%

profit or loss = (Rs. 150)/(Rs. 150) * 100%

profit or loss = 1 * 100% = 100%

Since the result is positive it is a profit.

Answer: The profit was 100%.

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