A shopkeeper buys a watch for Rs. 800 and sells it for Rs. 920. His profit percentage is:

  1. 20%
  2. 13.04%
  3. 15%
  4. 120%
Answer

C) 15%

Profit = 920 - 800 = 120. Profit % = 120800 100 = 15% (always on cost price). SLO M-09-A-09 · Application

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