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A person incurs 5% loss by selling a watch for * 1140. At what price should the watch be soldto earn 5% profit? |
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Answer» Answer: The selling price of a watch that will earn 5% profit is Rs. 1260. Solution: Let the new selling price be x. (100 - 5) : 1140 = (100 + 5) : x 95/1140 = 105/x 95x = 105 * 1140 x = 1260 Hence, the selling price of a watch that will earn 5% profit is Rs. 1260. let the new selling price = X, ( 100 -5)/1140=(100+5)/x; 95/1140=(105)/x; 95 x =1140 × 105 ; 95 x = 119, 700; x = 1 1 9 7 0 0 / 95 = 1260 |
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