Question

Selling watch for Rs.1140 a man loses 5%. What should be the selling price of gain is5%?

Answer 1

coat price is 1200 and after gain 1260rs.

Answer 2

Answer:

Rs 1260

Step-by-step explanation:

Selling price of the watch is Rs 1140.

After selling it at that price the person incurred 5% loss.

According to the question we have to find out the selling price of the watch to gain 5%.

Therefore let us consider the new selling price of the watch be Rs x.

The total percentage be 100 , therefore 5% loss is = (100-5)%

=95%

And percentage of gain would be (100+5)%= 105%

Now after arranging the terms in order of ratio we will get the value of x.

95:1140 = 105: x

95/1140 = 105/x

95x = 1140×105

x= (1140 × 105)/95

x= 1260

Therefore the selling price of the watch has to be Rs 1260 to gain 5%.