Question

A person incurs 5% loss by selling a watch for ₹1140. At what price should he sell it to earn 5% profit?​

Answer 1

Answer:

Answer: Thus, the watch should be sold at Rs. 1260 to make a profit of 5%.

Hope its help dear army （＾ｖ＾）

Answer 2

Step-by-step explanation:

Formulas required for this sum:

Cost price(C.P)= 100−Loss%

100×Selling price

Selling price(S.P)=

100%

100+Profit%

×Cost price

Loss%=5%

S.P=Rs 1140

C.P=

100−5

100

×1140

C.P=

95

100

×1140

C.P=1200

We found that the Cost price is Rs 1200

Profit%=5%

S.P=

100

100+5

×1200

S.P=

100

105

×1200

S.P=Rs 1260