Vijay sold a watch at a gain of 5 %. Had he s | vedclass

Name: Exam Paper Generator | JEE NEET Paper Generator | Vedclass
Brand: Vedclass
Rating: 5 (35 reviews)

Question

(A) Let the cost price $(C.P.)$ of the watch be $x$.Initially,the watch is sold at a gain of $5 \%$,so the selling price $(S.P._1)$ is $x + 0.05x = 1.

Vedclass · Accepted Answer

$900$

Vedclass · Answer

(A) Let the cost price $(C.P.)$ of the watch be $x$.Initially,the watch is sold at a gain of $5 \%$,so the selling price $(S.P._1)$ is $x + 0.05x = 1.05x$.If the watch is sold for $Rs. 72$ more,the new selling price $(S.P._2)$ is $1.05x + 72$.According to the problem,the new gain is $13 \%$,so $S.P._2 = x + 0.13x = 1.13x$.Equating the two expressions for $S.P._2$:$1.13x = 1.05x + 72$$1.13x - 1.05x = 72$$0.08x = 72$$x = \frac{72}{0.08} = \frac{7200}{8} = 900$.Therefore,the cost price of the watch is $Rs. 900$.

Vijay sold a watch at a gain of $5 \%$. Had he sold it for $Rs. 72$ more,he would have gained $13 \%$. Find out the cost price of the watch (in $Rs.$).

Similar Questions

If the cost price of an item is $\frac{2}{5}$ of its marked price and if it is sold at a discount of $10 \%,$ then there will be

$A$ fruit vendor buys $10$ bananas for $Rs. 14$ and sells them at $12$ for $Rs. 15$. Find his percentage gain or loss.

If on selling $12$ notebooks,a seller makes a profit equal to the selling price of $4$ notebooks,what is his percent profit?

$A$ shopkeeper allows a discount of $10 \%$ on the marked price of a camera. The marked price of the camera,which costs him $₹ 600$,to make a profit of $20 \%$ should be (in $₹$):

The cost price of $12$ tables is equal to the selling price of $16$ tables. The loss percent is (in $\%$)

Vedclass Test Series

Exam Paper Generator

Online Exam Module