Question

A shopkeeper loses 5% by selling a watch for ₹1140. For how much must he sell it to gain 5%?​

Answer 1

Answer:

₹1260

Step-by-step explanation:

sp of watch=1140

loss of watch=5%

so,

cp of watch=100/95*1140=1200

now earning gain 5%

so

sp of watch=105/100*1200=1260

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Answer 2

Answer:

Firstly we will find the real price of the commodity...

Step-by-step explanation:

let, the cost of watch be x

then according to question

x- 5x/100= 1150

95x= 1140*100

x= 1200

Therefore the original price is ₹1200

5percent of 1200 is equal to 60

then to gain 5 % The watch should be sold at 1200+60= ₹1260

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