Multiple choice

Ram buys a wrist watch for Rs. 250 and spend Rs. 50 on its repairs. If he sells same for Rs. 450, find his profit percent.

  1. 10%

  2. 20%

  3. 40%

  4. 50%
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Total CP = 250 + 50 = 300. SP = 450. Profit = 450 - 300 = 150. Profit % = (150 / 300) * 100 = 50%.

AI explanation

Add the 250 rupee purchase price and the 50 rupee repair cost to find a total cost price of 300 rupees. Using the profit percentage formula, subtract this 300 rupee cost from the 450 rupee selling price to get a profit of 150 rupees. Divide the 150 rupee profit by the 300 rupee cost price and multiply by 100, yielding 50%. The result is 50%.

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