Answer:
The selling price of the watch is N$211.20.
Explanation:
Step - 1:
The loss percentage is 12%, which means the shopkeeper is selling the watch at 88% of its original cost (100% - 12% = 88%).
Step - 2:
Now, we can set up the equation to find the selling price:
SP = Cost of the watch - Loss
SP = N$240 - 12% of N$240
Step - 3:
First, calculate 12% of N$240:
12% of N$240 = (12/100) * N$240 = N$28.80
Step - 4:
Now, subtract the loss from the cost to find the selling price:
SP = N$240 - N$28.80
SP = N$211.20
So, the selling price of the watch is N$211.20.