Question

A wristwatch is sold at a loss of 18%. Had it been sold for ₹69 more, the gain would have been 5% Find the C.P if the retailer selles 150 watches per day. find his loss per day.

Answer 1

total loss be 8100................

Answer 2

Answer:

Cost price is ₹ 300  and Loss per day would be ₹ 8,100 .

Step-by-step explanation:

Let the cost price of a wristwatch = x

Loss on each watch = 18%

Selling price of the wristwatch = $\frac{x(100-18)}{100}$

                                                   = $\frac{82x}{100}$ ---------(1)

Gain would have been = 5%

When selling price would have been = $\frac{x(100+5)}{100}$

                                                             = $\frac{105x}{100}$ ---------(2)

Now subtract equation (1) from equation (2)

$\frac{105x}{100}-\frac{82x}{100}=69$

$\frac{23x}{100}=69$

x = $\frac{69\times 100}{23}$

x = 300 Rs.

Loss = 18% × 300

        = 0.18 × 300

        = 54 Rs.

Selling price = 300 - 54 = 246

Since loss on one wrist watch = 54 Rs.

Loss on 150 watch = 54 × 150 = 8,100 Rs.

Cost price is ₹ 300  and Loss per day would be ₹ 8,100 .

Learn more :

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