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If Samuel sold a watch for $102 and lost $55 on the sale, he bought the watch for $132.

User Niloct
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1 Answer

5 votes

The selling price of watch = $102

Loss on the watch = $55

Since, the expression for the Lost, Cost Price and selling price is :

Cost Price -Selling Price = Loss

Here we have, Selling Price =102, Loss =55

Substitute the value and solve for Cost Price

Cost Price -Selling Price = Loss

Cost Price -102=55

Cost Price =102+55

Cost Price =157

So, the cost price of the watch is 157

But it in the given statement they show that the cost price is 132

so, the statement is False.

Answer :

False

User Deepak Dixit
by
4.3k points