Question

Anand sold his watch at 10% loss. If he had sold it for $54 more, he would have made 8% profit, find the selling price of watch?

Answer 1

Answer:

cost price = 300$

New seeling price = 324 $

Earlier Selling Price =  270 $

Step-by-step explanation:

Let say cost price = x $

Loss = (10/100)*x = 0.1x  $

Selling Price = x - 0.1x = 0.9x $

New Selling Price = 0.9x + 54 $

Profit = (8/100)x = 0.08x

New Selling Price = x + 0.08x = 1.08x $

1.08x = 0.9x + 54

0.18x = 54

x = 300 $

New selling Price = 1.08 * 300 = 324

Earlier Selling price = 0.9*300 = 270