By selling a watch to Rahim, Ravi gained Rs. 50. Apurva
bought the same watch from Rahim who sold at a loss
of Rs.20. If Apurva paid Rs 760. Find the price at which
Ravi had bought the watch
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1
Answer:
It is given that,
S.P of watch = 720 Rs
Loss = 10%
Therefore,
C.P=
100
100 - losspercentage
100
(100 – 10) x 720
100
90
= 800
C.P of watch is Rs. 800.
It is given in the problem that. Profit expected
x 720
X S.PC.P
100
100 + profit percentage
100
100 +
> 800 =
15
100
115
X S.P.
x S.P.
58
x S.P.
800 x 115
100
= 920
B S.P.=
92000
100
Thus, the selling price will be 920 to get a profit of 15%
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