a watch when sold at a profit of 25/4% yields rs 95 more than when it sold at a loss of25/4% find the cost price of the watch
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Step-by-step explanation:
let the cp of watch be Rs.x
profit%=25/4%
Then,Profit=25/4÷100×x
P =Rs.x/16
Then,sp of watch when it is sold at a profit
=Rs.x/16+x
=Rs. 17x/16
Loss%=25/4%
Loss= 25/4÷100×x
loss =Rsx/16
Sp of watch when it is sold at a loss
=x-x/16
=15x/16
As per question
17x/16-15x/16 =Rs.95
x/8= 95
x = 95×8
x=Rs.760
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