48 Judith sells her watch for $170 at a loss of 15%. At what price should she sell it to get a loss of 5%?
Ops: A. $210
B. $220
C. $190
D. $180
Answers
think if u have 100 rs thing u sell it in 15 percent (15 rs) loss
so your sell price 85 apply in this..
85 ⏩ 100
170⏩ ???
100×170/85
200
200 is main price so calculate 5 percenr loss on 200
ans ...190
fully described Ans..
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The selling price of the watch to get a 5% of loss is $ 190
Given:
Judith sells her watch for $170 at a loss of 15%
To find:
At what price should she sell it to get a loss of 5%?
Solution:
Given that
The selling price of the watch = $ 170
The loss percentage on selling = 15%
As we know cost price formula is given by
Cost price formula = {100/(100 – Loss%)} × SP
=> Cost price of Watch = {100/(100 – 15)} × 170
= {100/85 } × 170 = 200
Therefore,
The cost price of the watch = Rs. 200
Given the loss percentage that needs to get = 5%
As we know
Selling Price Formula = {(100 – Loss%)/100} × CP
The selling price of the watch at a 5% loss
= {(100 – 5)/100} × 200
= {(95)/100} × 200
= 190
Therefore,
The selling price of the watch to get a 5% of loss is $ 190
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