Selling watch for Rs.1140 a man loses 5%. What should be the selling price of gain is5%?
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Answer:
Selling price at the profit of 5 % = Rs 1260
Step-by-step explanation:
Since we are given that
Let the original price of the watch is x then
According to given condition
Selling price at the lost of 5 % = x - 5 % of x = x - 5(x/100) = 95x / 100
But we are given that
Selling price at the lost of 5 % = Rs 1140
So
⇒ 95x / 100 = 1140
⇒ 95x = 114000
⇒ x = 114000 / 95
⇒ x = 1200
Thus
Selling price at the profit of 5 % = 1200 + 5 % of 1200
= 1200 + 5(1200/100)
= 1200 + 60 = 1260
Thus
Selling price at the profit of 5 % = Rs 1260
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