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5. A watch was sold at a loss of 10%. If it
was sold for Rs.140 more, there would
have been a gain of 4%. What is the cost
price?
Answers
Answered by
10
Explanation:
Given,
Loss is 10%
Suppose the CP is x
Then with the loss of 10% the SP will be
x-10% of x
= 9x/10.
Now according to the question if it was sold for 140 more then the SP is, (9x/10)+140
With gain of 4% on CP the SP will be x+4% of x
SP=26x/25
Now,
26x/25= (9x/10)+140
(26x/25)-(9x/10)=140
7x/50=140
x=(140*50)/7
x=1000.
So the CP is 1000.
Thanks
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