Arvind 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 the watch.
Answers
Answered by
12
Answer: The selling price of the watch would be 270
Step-by-step explanation:
Let cost price of watch be x and selling price be y.
Loss%= (c.p-s.p)/c.p*100
According to the first condition:
10= (x-y)/x*100
x=10x-10y
x=10/9*y
If he had sold it for 54 more, he would have made 8% profit. Now,
Profit%= (s.p-c.p)/c.p*100
According to the second condition:
8= (y+54-x)/x*100
8x=100y+5400-100x
108x-100y=5400
Plugging the value of x in the above equation, we get:
108*10/9*y-100y=5400
120y-100y=5400
20y=5400
y=270
Similar questions