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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 :

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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 :
1). 20%
2). 10%
3). 8%
4). 16%

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2 answers

2 vote
Answered by on | Votes 2 |
20% : - option 1

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1 vote
Answered by on | Votes 1 |
Using Rule 1, Total cost of typewritter =(1200+200)=Rs. 1400 S.P.=(1680-1400)Rs.=280Rs. $\therefore$ Profit % =$\frac{280}{1400}\times 100=20$%




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