Question

9. A man sold a watch at Rs. 38000 and he lost 5%. What was the cost price. ​

Answer 1

To Find :

The CP of the watch

Given :

• SP of watch = ₹38000
• Loss % = 5%

Formula to Be used :

• CP = SP × 100/100-Loss%

Solution :

Given, SP = 38000

loss % = 5%

So, CP = SP × 100/100-loss%

or, CP = 38000×100/100-5

or, CP = 38000×100/95

or, CP = 400×100

or, CP = ₹40000

Hence, CP of watch = ₹40000.

Answer 2

To Find :

The CP of the watch

The CP of the watchGiven :

. SP of watch = ₹38000

? Loss % = 5%

Formula to Be used :

. CP = SP x 100/100-Loss%

Solution :

Given, SP = 38000 loss % = 5%

So, CP = SP x 100/100-loss%

CP = 38000x100/100-5

CP = 38000x100/95

CP = 400x100

CP = ₹40000