Working Principle of Wattmeter:
It consists of two stationary coils, called current coils and one moving coil, called voltage or potential coil. The current coils are connected such that they carry the current proportional to (or equal to) the load current and the voltage coil is connected in such a way that it carries the current proportional to the load voltage.
The interaction between two magnetic fields causes the production of force on moving system, which is proportional to the product of voltage and current i.e. power. The meter can be calibrated directly to indicate the power in watts.
Or
The dynamometer wattmeter works on the motor principle When a current carrying conductor is placed in a magnetic field, it experiences a force and tends to move in the direction as per Fleming’s left hand rule.