A man buys a watch for Rs250 and sells it for Rs300 Find his profit percentage ........

Quantitative Aptitude (MTS) Profit and loss

A man buys a watch for Rs250. and sells it for Rs300. Find his profit percentage.

This questions was previously asked in

SSC MTS 13th July 2022 Shift-3

20%

25%

15%

10%

- The man bought the watch for Rs250.

- He sold the watch for Rs300.

- To find the profit, subtract the cost price from the selling price: Rs300 - Rs250 = Rs50.

- Profit percentage is calculated by dividing the profit by the cost price and then multiplying by 100.

- Profit percentage = (Profit / Cost Price) x 100 = (50 / 250) x 100 = 20%.

?? Option 1: 20%

- Option 2: 25% would imply Rs62.5 profit on Rs250.

- Option 3: 15% would imply Rs37.5 profit on Rs250.

- Option 4: 10% would imply Rs25 profit on Rs250.

Submit Error