Ravi sell a watch at a loss of 10% if he had sold it at 18% profit he would have got rupees 60 find the cost price of the watch
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Answer:
is given that,
S.P of watch = 720 Rs
Loss = 10%
Therefore,
C.P =
100−losspercentage
100
×S.P.
=
(100−10)
100
×720
=
90
100
×720
=800
C.P of watch is Rs. 800.
It is given in the problem that, Profit expected = 15%
C.P =
100+profit percentage
100
×S.P.
=
100+15
100
×S.P.
⟹800=
115
100
×S.P.
⟹S.P.=
100
800×115
=
100
92000
=920
Thus, the selling price will be 920 to get a profit of 15%
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