Sumesh sold his watch at a profit of 21% had he sold it for 248 more, he would have gained 12% find the cast lossed of the watch
Answers
Step-by-step explanation:
Given:
A man sold his watch at a loss of 5%.
Had he sold it for Rs 56.25 more, he would have gained 10%.
Formula used:
Selling price = cost price (100 + profit)/100
Selling price = cost price (100 – loss)/100
Calculation:
Let the cost price of watch be x
At a loss of 5%
⇒ Selling price = x(100 – 5)/100
⇒ 95x/100
According to the question,
Had he sold it for Rs 56.25 more, he would have gained 10%.
⇒ (100 + 10)x/100 – 95x/100 = 56.25
⇒ (110 – 95)x/100 = 56.25
⇒ 15x = 5625
⇒ x = Rs. 375
∴ The cost price of the watch is Rs. 375.
F1 Arun.K Nikhil 16-4-2021 D2
⇒ 15% → 56.25
⇒ 1% → 3.75
⇒ 100% → 375
∴ The cost price of the watch is Rs. 375.
Answer:
Step-by-step explanation:
Given:
A man sold his watch at a loss of 5%.
Had he sold it for Rs 56.25 more, he would have gained 10%.
Formula used:
Selling price = cost price (100 + profit)/100
Selling price = cost price (100 – loss)/100
Calculation:
Let the cost price of watch be x
At a loss of 5%
⇒ Selling price = x(100 – 5)/100
⇒ 95x/100
According to the question,
Had he sold it for Rs 56.25 more, he would have gained 10%.
⇒ (100 + 10)x/100 – 95x/100 = 56.25
⇒ (110 – 95)x/100 = 56.25
⇒ 15x = 5625
⇒ x = Rs. 375
∴ The cost price of the watch is Rs. 375.
F1 Arun.K Nikhil 16-4-2021 D2
⇒ 15% → 56.25
⇒ 1% → 3.75
⇒ 100% → 375
∴ The cost price of the watch is Rs. 375.