Ramesh sold a watch for Rs 210 thus making a profit of 1/2 of his cost price. find the c.p. of the watch.
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Answer:
Rs 140
Step-by-step explanation:
Define x:
Let the cost price be x
Find the selling price in term of x:
Profit = 1/2 of x = 1/2 x
Selling Price = Cost Price + Profit
Selling Price = x + 1/2 x = 3/2 x
Solve x:
Selling Price is Rs 210
3/2 x = 210
x = 210 ÷ 3/2 = Rs 140
Answer: The cost price is Rs 140
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