Question

The profit on a watch is 15% of the cost price. If the profit is $60, find the cost price of watch.
(2 Points​

Answer 1

Answer:

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Answer 2

Answer:

I hope you find the solution helpful :)

Step-by-step explanation:

Let, C.P. = x

Given, Profit = $60,

           Profit% = 15% of x

So, (15/100)*x = 60

     x               = (60 * 100)/15

     x               = $400

Therefore, the cost price is $400.