ann purchased two watches at the same price and sold one at a profit of 20% and the other at a profit of 22.5%. if the difference between the two selling price is ₱200, what is the cost price of each of the watches?
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Answer:
₹8000
Step-by-step explanation:
Let the cost price of watch be x.
According to Question,
(100+22.5)% of x - (100+20)% of x = ₹200
=> 122.5% of x - 120% of x = 200
=> 2.5% of x = 200
=> 2.5/100 x = 200
=> x = 200 × 40
=> x = 8000
Therefore, the cost price of each watch is ₹8000.
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