Gita sold her watch to sita for rs. 800 at a loss of 20%. The same watch was sold to gita by shakti ar 20% loss. What is the actual price of watch
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She sold her watch to Shakti at cost of rs 675.
To register the offering value, how about we accept that an item has a cost of $100 and the vender needs to have a 30% gross edge on its offering cost, or 30% of SP.
The connection between an offering value, cost, and gross edge or gross benefit is: SP - cost = net benefit or gross edge.
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