Question

A person incures 5% loss by selling a watch for Rs. 1140. at what price should the watch be sold to earn 5% profit?

Answer 1

Let the new S.P be x, then

(100 - loss%) : (1st S.P.) = (100 + gain%) : (2nd S.P.)

⇒(951140=105x) 

=> x = 1260

Answer 2

let price=100
at 5% loss =95
to earn profit5%=105
by U.M=question/over
1140*105/95
=1260