Mohan buys a watch for Rs.,350 and sells it for Rs.,392. Find out his percentage of profit.

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7.Profit and Loss

medium

Mohan buys a watch for $Rs.\,350$ and sells it for $Rs.\,392.$ Find out his percentage of profit.

A

$9$

B

$12$

C

$14$

D

None of these

Solution

Here, $C \cdot P .=Rs .350, S . P=Rs. 392$ Profit $= S.P. – C.P. =392-350=742$

Profit $\%=\frac{\text { Profit } \times 100}{\text { C.P. }}=\frac{42 \times 100}{350}=12 \%$

Standard 13

Quantitative Aptitude

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