Mathematics · Profit and Loss
A teacher told the students that John bought a watch for Rs. 240 and sold it for Rs. 300. He asked three students about the profit made. Their statements are as follows: Student I: John made a profit of Rs. 60 Student II: John gained a profit of 25% on CP Student III: John gained a profit of 20% on SP Which of the students spoke correctly?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Only Student I and Student III
- 2Only Student II and Student III
- 3Only Student I and Student II
- 4Student I, II and III✓
Correct answer
Student I, II and III
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