Question

on selling a watch for rupees 11400 shopkeeper loses 5% for how much did he purchased it​

Answer 1

Answer:

5 percent is nothing but 5100. Therefore, the cost price of the watch is Rs. 11406. So he did purchase it at a cost price (CP) of RS

Answer 2

Given selling price of watch= Rs 11.400.

loses%=5%

new loss %=

cp

cp−sp/cp×100

=5/10=1=sp/cp

= SP/CP=1÷0.05

CP=114000/0.95 =Rs.12,000

∴ cost price of watch is Rs 12,000.

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