Question

A man sold a wristwatch for ` 2,400 at a loss of twenty five per cent. At what rate should he have sold the wristwatch to earn a profit of twenty five per cent ?

Answer 1

A man sold a wristwatch for ` 2,400 at a loss of twenty five per cent. At 5% rate should he have sold the wristwatch to earn a profit of twenty five per cent

Answer 2

Cost . Price. of wristwatch  

= 100100−loss%×Selling.Price100100−loss%×Selling .Price

(10075×2400)(10075×2400)

= Rs.3200

Hence,  Selling. Price. of wristwatch  

= 125100×3200125100×3200

= 4000