Question

A dealer sells a watch for Rs517.50and earns a profit of 15%.the cost price of the watch is

Answer 1

Answer:

Here is the cost price for the watch

Answer 2

Answer:

The cost price of the watch is Rs. 450

Step-by-step explanation:

In the question

S.P of the watch = RS. 517.50

and Profit = 15%

then we have to find that C.P.

we know that C.P. = $\frac{100}{100\ +\ gain \%} \times S.P.$

$=\frac{100}{115}\times 517.50$

$=\frac{51750}{115} = 450$

Hence the cost price of the watch is Rs. 450