Amit buys 5 watches for Rs., 9450 and later sells them for Rs,.9700 How much profit does Amit make p

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7.Profit and Loss

medium

Amit buys $5$ watches for $Rs.\, 9450$ and later sells them for $Rs\,.9700$ How much profit does Amit make per watch in $Rs.$?

A

$75$

B

$80$

C

$60$

D

None of these

Solution

Using simple formula of Profit $=S P-C P=9700-9450=$ Rs. $250 \quad$[Total $5$ watches $]$

Profit of $1$ watch $=\frac{\text { Rs. } 250}{5}=$ $Rs.$ $50$

Standard 13

Quantitative Aptitude

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