a wristwatch is sold at a lost of 18%. Had it been sold for ₹69 more the gain would have been 5%. Find the cost price of the wristwatch. If the retailer sells 150 watches find his loss.70 points for the answer. No scams please,or else there is an option for report
Answers
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}
100
x(100−18)
= \frac{82x}{100}
100
82x
---------(1)
Gain would have been = 5%
When selling price would have been = \frac{x(100+5)}{100}
100
x(100+5)
= \frac{105x}{100}
100
105x
---------(2)
Now subtract equation (1) from equation (2)
\frac{105x}{100}-\frac{82x}{100}=69
100
105x
−
100
82x
=69
\frac{23x}{100}=69
100
23x
=69
x = \frac{69\times 100}{23}
23
69×100
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 .
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Step-by-step explanation:
question is nice but it is incomplete , please resend this one..