Question

9. Raju sells a watch at 5% profit. Had he sold it for 24 more he would have gained 11%. Find the cost price of the watch.​

Answer 1

400$

Explanation:

Let C.P. of the watch = Rs. 100

When profit =5%; S.P. = Rs. (100+5)

= Rs. 105

and when profit = 11%;

S.P. = Rs. (100+11)

=Rs.111

Difference of two selling prices

= Rs. 111-Rs.105 = Rs.6

When watch sold for Rs. 6 more; then C.P. of the watch = Rs.

100

6

When watch sold for Rs. 24 more; then C.P. of the watch = Rs.

100

6

×

24

= Rs.

100

×

24

6

=400