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27 more, he would have gaineParvinder sold a watch at a loss of 5%. If he had sold that watch for7%. Find the cost price of the watch. |
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Answer» Let the cost price be rs 100 if it is sold at a loss of 5%. Then , s.p.=(100-5)= rs 95 if it is sold at a sold at a profit of 2%. Then, s.p.= rs(100+7)=rs 107 increase in actual gain = rs(107_95)=rs 12. If gain is rs 12,then c.p.= rs100. If gain is rs 1,then c.p.=rs 100/12 if gain is rs 27,then c.p.=(100/12×27)=rs 225. Hence , the c.p. of watch is rs 225. |
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