A dealer buys a wristwatch for Rs 225 and spends Rs 15 on its repairs. If he sells the same for Rs 300, find his profit percent.

Cost price of wrist watch = Rs.225


Cost of repairing = Rs.15


Total cost = Rs. 225+15 = Rs.240


Selling price of watch = Rs. 300


Gain = Rs. 300-240 = Rs.60


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