parminder sold a watch at a loss of 5% if he sold that watch for 27 more he would have gained 7% find the cost price of watch
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Answer:
135 Rs.
Step-by-step explanation:
Let CP be x Rs.
Step 1) Loss%=5%
Therefore:
Loss = 5% of x = 0.05x
Therefore:
SP1 = CP - Loss = x - 0.05x = 0.95x
Step 2) SP2 = SP1 + 27 Rs.
= 0.95x + 27
And:
Profit = 7% of x = 0.07x
= SP2 - Loss
= (0.95x + 27) - x
Final Step)
This implies that:
(0.95x + 27) - x = 0.07x
so. 0.95x + 27 - x = 0.07x
so. 0.95x - x - 0.07x = -27
so. 0.95x - 1.07x = -0.12x = -27
so. 0.12x = 27
so. x = 27 ÷ 0.12 = 225 Rs.
Ans. CP is 225 Rs.
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