Question

on selling a watch for Rs. 11400 A shopkeeper loses 5%. For how much did he purchase it ?​

Answer 1

Answer:

Rs 12,000

Step-by-step explanation:

Given selling price of watch= Rs 11.400.

loss %=5%  

CP =  0.95 /114000

​     =Rs.12,000

∴ cost price of watch is Rs 12,000.

Answer 2

Answer:

Rs 12,000

Step-by-step explanation:

Given selling price of watch= Rs 11.400.

loses%=5%

new loss %=   cp−sp/cp  ×100

5/100  = 1 =  sp/cp

​SP/CP  = 1÷0.05

CP=  114000/0.95  =Rs.12,000