Question

A watch seller purchased 5 old watches for rs 100.90 he spent rs 150 repairing and them sold at the rate of rs 322.90each . Find the loss or profit of watch seller

Answer 1

cost of 5 watches = 250.90 (100.90+150)

Sold 5 watches = 322.90*5 = 1614.50

Profit = Selling Price - Cost Price

= 1614.50 - 250.90

= 1363.60

Answer 2

Thus the profit on the watches is 1363.60 Rs

Explanation:

We are given that:

• Number of watches = 5
• Cost of 5 watches = 100.90 Rs
• Selling price = 322.90 Rs

Solution:

Cost of 5 watches = Original Cost of watches + cost of repairing

Cost of 5 watches =  (100.90 + 150) = 250.90   Rs

Cost of sold watches  = Selling price  number of watches

Cost of sold watches = 322.90 x  5 = 1614.50 Rs

Profit = Selling Price - Cost Price

= 1614.50 - 250.90

= 1363.60 Rs

Thus the profit on the watches is 1363.60 Rs