Question

Cost price of a watch is ₹ 880. If Rishabh sells it at a profit of 15%, then S.P is *​

Answer 1

Answer:

Step-by-step explanation:

Given : Selling Price (SP) =880 Rs. and Loss Percentage =20%

Let's assume cost price (CP) =x Rs.

We know that, SP=CP−  

100

CP×Loss Percentage

​

 

⇒880=x−  

100

x×20

​

=  

5

4x

​

 

⇒x=  

4

880×5

​

=1100

∴SP=1100 Rs

Now, for a gain of 10%,

SP=CP+  

100

CP×Profit Percentage

​

=1100+  

100

1100×10

​

=1210 Rs.