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A sold a watch to B at a gain of 5% and B sold it to C at a gain of 4%. If C paid Rs. 1092 for it, the price paid by A is
  • a)
    Rs. 995
  • b)
    Rs. 1000
  • c)
    Rs. 950
  • d)
    Rs. 999.60
Correct answer is option 'B'. Can you explain this answer?
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A sold a watch to B at a gain of 5% and B sold it to C at a gain of 4%...
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A sold a watch to B at a gain of 5% and B sold it to C at a gain of 4%...
Solution:

Let's assume the price at which A bought the watch is x.

A sold the watch to B at a gain of 5%. So, the price at which A sold the watch to B is x + 5% of x, which is x + 0.05x = 1.05x.

B sold the watch to C at a gain of 4%. So, the price at which B sold the watch to C is 1.05x + 4% of 1.05x, which is 1.05x + 0.04(1.05x) = 1.05x + 0.042x = 1.092x.

Given that C paid Rs. 1092 for the watch, we can set up the equation:

1.092x = 1092

Now, we can solve for x:

x = 1092/1.092

x ≈ 1000

Therefore, the price at which A bought the watch is approximately Rs. 1000.

Hence, the correct answer is option 'B' - Rs. 1000.
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A sold a watch to B at a gain of 5% and B sold it to C at a gain of 4%. If C paid Rs. 1092 for it, the price paid by A isa)Rs. 995b)Rs. 1000c)Rs. 950d)Rs. 999.60Correct answer is option 'B'. Can you explain this answer? for Teaching 2026 is part of Teaching preparation. The Question and answers have been prepared according to the Teaching exam syllabus. Information about A sold a watch to B at a gain of 5% and B sold it to C at a gain of 4%. If C paid Rs. 1092 for it, the price paid by A isa)Rs. 995b)Rs. 1000c)Rs. 950d)Rs. 999.60Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for Teaching 2026 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A sold a watch to B at a gain of 5% and B sold it to C at a gain of 4%. If C paid Rs. 1092 for it, the price paid by A isa)Rs. 995b)Rs. 1000c)Rs. 950d)Rs. 999.60Correct answer is option 'B'. Can you explain this answer?.
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