Manu sold a dozen watches for Rs.1454.64 per watch and made a profit of 16%. Find the cost price of the watches
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Answer:
15,048
Step-by-step explanation:
Manu sold a dozen watches for Rs.1454.64 per watch and made a profit of 16%. Find the cost price of the watches
Manu sold 12 watches for Rs 1454.64
So selling price will be 1454.64 x 12 = Rs 17455.68
Now selling price x 100 = 17455.68 x 100 = 1745568
Now profit percent + 100 = 16 + 100 = 116
Now cost price = 1745568 / 116 = Rs 15,048
The cost price of the watch will be Rs 15,048
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