Question

The percentage profit earned by selling a watch for Nu 1920 is equal to the percent loss incurred by selling the same watch for Nu 1280. At what price should the watch be sold to make 25% profit​

Answer 1

2,000

Explanation:

The computation of the price that should be sold for making 25% profit is shown below:

Let cost price be x

Now the equation would be

(1,920 - x) ÷ x × 100 = (x - 1,280) ÷ x × 100

1,920 - x = x - 1,280

2x = 3,200

x = 1,600

Now the sale price would be

= 1,600 × 1.25

= 2,000