Question

Himanshu sold a watch at 5% loss. Had he sold it for 104 more, he would have gained 8%. Find
the selling price of the watch?​

Answer 1

Answer:

CP=800

SP=760

new SP=864

Step-by-step explanation:

Given,

loss=5%

Gain=8%

let CP=100%

SP for loss of 5% is

Loss=CP-SP

5=100-SP

SP=95%

SP for gain of 8% is

Profit=SP-CP

8%=SP-100%

new SP=108%

Had he sold it for 104 more

Difference of SP's are because of 104

new SP-SP=104

108%-95%=104

13%=104

100%=x

13x=104*100

x=800 is the CP

100%=800

95%=760

108%=864