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

Let the new SP be x
(100-loss%):1stSP=(100+gain%):2nd SP
95/1140=105/x
x=1260

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