Question

- Jennifer sells her watch for $170 at a loss of 15%. At what price should she sell it to get a loss of 10%?​

Answer 1

The selling price is $20.

• When an object is bought at a certain amount buy a buyer, the amount at which the object is bought is known as the cost price of the object. The amount of money at which the object is sold is called selling price of the object.
• If the selling price of the object is greater than the cost price of the object, profit is achieved and the profit is found out by subtracting the cost price of the object from the selling price of the object. Now, finding the equivalent profit when the cost price is Rs. 100 is called the profit percentage.

Here, according to the given information, we are given that,

Jennifer sells her watch for $170 at a loss of 15%.

This means that, when the selling price is, (100 - 85) = 15, the loss incurred is $85.

When the selling price is $1, the loss is, $\frac{15}{85}$.

When the selling price is $170, the loss is, $\frac{15}{85} .170 =$ $30.

Then, the cost price = $(30 + 170) = $200.

Now, when the cost price is 100, the selling price after loss is (100-90)= 10.

When the cost price is $200, the selling price is $\frac{10}{100}.200 =$ $20.

Hence, the selling price is $20.

Learn more here

https://brainly.in/question/31589

#SPJ1