Question

watch was sold on its marked price at a gain of 20%. But allowing 5% discount there would be gained Rs140. Find cost price

Answer 1

Step-by-step explanation:

Let P = price, let C= cost

P= 1.2 C

.95P = C + 490

.95(1.2C) = C + 490

1.14C = C+ 490

.14C = 490

C = 3500