Question

A wrist watch is sold at 20% loss, find its cost price if it is sold at ₹ 720/

Answer 1

Answer:

Cp= Rs.7200

This is because A - SP = Rs. 7250 - 50 = Rs.7200

Answer 2

Answer:

₹900 was its cost price

Step-by-step explanation:

Given that,

Selling price=₹720

Loss percent=20%

Let us suppose the cost price to be ₹900

if we do that, the 20% decrease of ₹900 should be ₹720.

Now let us find 20% decrease in ₹900

=₹900-20%=₹900-₹180=₹720

Hence, ₹900 is the cost price price of the wrist watch.

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