Question

A man purchase a cell phone for $Rs2000$. By paying $Rs200$. more , he replaces is (case). If he sells the cell phone for $Rs2500$, find his profit or loss per cent.

Answer 1

Cost price of the phone will become after changing the case $=2000+200=2200$

Selling price $=2500$

Profit $=2500-2200=300$

Profit percentage $=\frac{300}{2200}\times 100=13.63$

Hence, $13.63\%$ is the profit.