Question

A shopkeeper sold a wrist watch at

10% percent profit and a wall clock

at 5% loss and there by gaining a

total of ₹1400. Had he sold the

watch at 10% loss instead of profit

he would have lost a total of ₹1600.

What is the cost price of the clock?​

Answer 1

Answer:

Let the cost of watch be x , so earlier sale price is .95x . New sale price is =.95x+140 and new purchase price is =.9x , so new gain=.95x+140-.9x=.05x+140 and it is equal to x/4 or .05x+140=.25x or .2x=140 or x=700. So cost price is rupees 700.

Answer 2

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