Question

A person sold his watch for 96 $ and got some percentage of profit which was numerically equal to the costprice. what is the cost price of the watch

Answer 1

60$ is the answer
because we know that costprice=soldprice-profit so,apply the given data in the relation we get,
C.P=96$-C.P*(C.P/100)
Solving this equation we get C.P as 60$ 6 years agoHelpfull: Yes(11) No(1) c)60$
let cp b 60 so profit will also b 60%
60*60%profit=96
so,60*160/100=96.....

Answer 2

Since he sold his watch for 96$ and got profit which is same as it's original price . It means the price/prof it is half of 96$ which is 48$.