A watch was purchased for Rs. 150 and sold for Rs.300. Find the profit percent. a.150% b.50% c.100% d.15%

Question

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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RobertKer 3 years 2021-08-26T11:16:13+00:00 1 Answers 8 views 0

Answers ( )

  1. trungdung22
    0
    2021-08-26T11:17:50+00:00
    Reply

    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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