Manish sold a wrist watch to kirti at 20% profit. Kirti further sold to muskan at a profit of 5%. If muskan paid 441 for it, what was the cp of the wrist watch
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The C.P. of the watch was 306.25 units.
Explanation:
Let, the C.P. of the wrist be, 'x'.
Case-1:
C.P. = x
Profit % = 20%
Profit = (x*20/100)
= x/5
S.P. =(C.P. + Profit)
= (x+x/5)
= (5x+x)/5 [∵ The L.C.M. is 5.]
= 6x/5
∴ Kriti pays (6x/5) for the watch.
Case-2:
C.P. = 6x/5
Profit% = 5%
Profit = (6x/5)*(5/100)
= 6x/25
S.P. = (C.P.+Profit)
= (6x/5) + (6x/25)
= (30x+6x)/25 [∵ The L.C.M. is 25.]
= 36x/25
∴ Muskan pays (36x/25) for the watch.
According to the problem:
(36x/25) = 441
⇒ x = (441*25/36)
⇒ x = 306.25 units.
∴ The C.P. of the watch was 306.25 units
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