arpit sold a watch at a gain of 5% to Mohit and Mohit sold it to Rohit at a gain of 4%. if Rohit paid rupees 91 for it, then find the cost price of arpit's watch.
Answers
Answer:
The cost price of watch is Rs.83.33.
Step-by-step explanation:
Given -
Arpit sold a watch at a gain of 5% to Mohit.
Mohit sold it to Rohit at a gain of 4%.
Rohit paid rupees 91 for it.
To Find -
The cost price of arpit's watch.
Solution -
Consider the -
Cost price of watch as - Rs.100.
Selling price of watch for Arpit :
⇒ 100 + 5.
⇒ Rs.105
Now,
SP for Arpit = CP for Mohit.
So, Mohit sold watch at a gain of 4%.
Selling price of watch for Mohit :
⇒ 105 + 4% of 105
⇒ 105 + 4.20
⇒ Rs.109.20
Now, Selling price of watch for Mohit = CP of watch for Rohit.
So,
Rohit paid Rs,109.20, when CP = Rs.100
Rohit paid Rs.1, when CP :
⇒
Rohit paid Rs.91, when CP :
⇒ × 91
⇒ Rs.83.33
∴ The cost price of watch is Rs.83.33.
Given:-
Arpit sold a watch at a gain of 5% to Mohit and Mohit sold it to Rohit at a gain of 4%. if Rohit paid rupees 91 for it, then find the cost price of arpit's watch.
Find:-
find the cost price of arpit's watch.
Hence:-
100 + 5 = 105
Hence:-
Aprit is for Selling Price (SP)
Mohit is for Cost Price (CP)
Hence:-
Therefore , 88.33 is the cost price of arpit's watch.