Question

8. A man sold a watch at a profit of 5%. If the cost
price of the watch was 2,000. What was its selling
price?
(A) 2,050
(B) 2,100
(C) 2,500
(D) 3,000​

Answer 1

Answer:

b

Step-by-step explanation:

profit is 5 % of cp

5/100×2000= 100

sp =cp+profit

2000+100=2100

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Answer 2

Answer:

(B) 2,100

Step-by-step explanation:

%PROFIT =SP-CP/CP*100%

SP-2000/2000*100

5=SP-2000/20

CROSS MULTIPLY

100=SP-2000

SP=2100

Hope it helps