7. If a watch is sold for a loss of Rs 76, the percentage of loss will

1.	7. If a watch is sold for a loss of Rs 76, the percentage of loss will be 8%. At whatprice should the watch be sold to get a profit of12%?
Answer» Let the cost price of watch = CPLet selling price of watch = SP Given CP(8/100) = 76 CP = 7625/2 = 38*25 = 950 For 12% profitSP = CP(1 + 12/100) = CP(1+3/25) = 950(28/25) = 1064 Therefore for 12% profit selling price should be Rs 1064

7. If a watch is sold for a loss of Rs 76, the percentage of loss will be 8%. At whatprice should the watch be sold to get a profit of12%?

Answer»

Let the cost price of watch = CPLet selling price of watch = SP

Given CP*(8/100) = 76 CP = 76*25/2 = 38*25 = 950

For 12% profitSP = CP(1 + 12/100) = CP(1+3/25) = 950(28/25) = 1064

Therefore for 12% profit selling price should be Rs 1064