a watch sold for rupees 448 give a profit of only 12% find the profit percent its selling price had been rupees 512.
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8th is gavava...........
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Solution:-
☞Let cost price of watch be Rs. x
Profit =Rs. 10012x
∴ Selling price =Rs. (x+10012x)=Rs. 100112x
According to the problem,
448=100112x
∴ x=400
∴ Cost price of eatch =Rs. 400
New Selling price =Rs. 512
∴ Profit =Rs. (512−400)=Rs. 112
∴ Profit %=400112×100=28%
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