A watch when sold at a profit of 6% yelid 870 more than when it is sold at loss of 6 % finf the cp of the watch
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Answered by
12
let the cost price of the watch be ' x '
since, the watch was sold at 6 % profit
then
Find the profit :
--------------------
profit = 6 % of c.p = 6 % of x = ₹ 0.06 x
original s.p = cost price + profit
= ₹ x + ₹ 0.06 x = ₹ 1.06 x
Find the loss :
-------------------
loss = 6 % of c.p = 0.06x
new selling price = c.p - loss = x - 0.06x
= ₹0.94x
since, the yield is ₹ 870 more than the new selling price .then
Find the cost price:
--------------------------
original s.p = new s.p + ₹870
1.06x = 0.94x + 870
1.06x - 0.94x = 870
0.12x = 870 => 12x ÷ 100 = 870
12x = 87000 => x = 87000 ÷ 12
x = ₹ 7250
Answer :
------------
cost price of the watch = ₹7250
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since, the watch was sold at 6 % profit
then
Find the profit :
--------------------
profit = 6 % of c.p = 6 % of x = ₹ 0.06 x
original s.p = cost price + profit
= ₹ x + ₹ 0.06 x = ₹ 1.06 x
Find the loss :
-------------------
loss = 6 % of c.p = 0.06x
new selling price = c.p - loss = x - 0.06x
= ₹0.94x
since, the yield is ₹ 870 more than the new selling price .then
Find the cost price:
--------------------------
original s.p = new s.p + ₹870
1.06x = 0.94x + 870
1.06x - 0.94x = 870
0.12x = 870 => 12x ÷ 100 = 870
12x = 87000 => x = 87000 ÷ 12
x = ₹ 7250
Answer :
------------
cost price of the watch = ₹7250
-----------------------------------------------------
Answered by
14
Difference in price = Rs 870 (Given)
Find the difference in the percentage of the selling price:
Difference in price = 6 - ( - 6) = 12%
Find the cost price:
12% = Rs 870
1% = 870 ÷ 12 = Rs 72.50
100% = 72.5 x 100 = RS 7250
Answer: The cost price of the watch is Rs 7250
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