1.

A person incurs 5% loss by selling a watch for * 1140. At what price should the watch be soldto earn 5% profit?

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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