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      Question

      A shopkeeper bought a watch for Rs 1800 and spent Rs 200

      on its repairs. He sold it for Rs 2500. What is his profit percentage?
      A 25% Correct Answer Incorrect Answer
      B 18% Correct Answer Incorrect Answer
      C 32% Correct Answer Incorrect Answer
      D 45% Correct Answer Incorrect Answer
      E None of these Correct Answer Incorrect Answer

      Solution

      ATQ, Cost Price (CP) = 1800 + 200 = 2000 Selling Price (SP) = 2500 Profit = 2500 − 2000 = 500 Profit % = (Profit ÷ CP) × 100 = (500 ÷ 2000) × 100 = 25%

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