AMCAT Exam Question

A person incurs a loss of 5% be selling a watch for Rs. 1140. At what price should the watch be sold to earn 5% profit? A. Rs.1222 B. Rs.1230 C. Rs.1260 D. Rs.1290

Your Answer

cost price=(100/95)*1140=1200;now ,profit=(sp-cp)/100=>5=(x-1200)/1200)*100=>1260

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