Harish bought a second-hand printer for $1200$ and spent $200$ on its repairs. He sold it for $1680$ . Find his profit or loss in percent.

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Solution

Total cost price $= 1200 + 200 = 1400$ Rs.
Selling price = Rs. $1680$

Gain $= 1680 - 1400 = 280$

Therefore, gain percent = $\frac{g a i n \times 100}{C . P .}$

= $\frac{280 \times 100}{1400}$ = $20$ %

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