On selling a watch for $11400 a shopkeeper loses 5% for how much did he purchased it
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Answer:
$12000
Step-by-step explanation:
Let original price of watch is X
selling price = (cost price)x(1 - loss/100)
11400 = (cost price)x(1 - 0.05)
cost price = 11400/0.95 = 12000
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