Question

 A shopkeeper sold a watch at ₹2400 and there was 20% loss. Find the cost price.​

Answer 1

Answer:

The shopkeeper bought the watch at price 3000.

Step-by-step explanation:

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Answer 2

Answer:

Cost price is ₹3000.

Step-by-step explanation:

Let's assume Cost price as CP

We know,

CP - 20%CP = SP [in loss]

Here,

CP - 20%CP =  ₹2400

80%CP = ₹2400

$\frac{80}{100}$ CP = ₹2400

CP = ₹2400 x $\frac{100}{80}$

     = ₹3000