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Parvinder sold a watch at a loss of 5 percent .if he had sold that watch for ₹27 more ,he would have gained 7%.find the cost price of the watch?
Verified Answer
Parvinder sold a watch at a loss of 5 percent .if he had sold that wat...
Let the cost price= Rs x
1)
loss = l = 5%
selling price(s1) = x(100-l%)/100
= x(100-5)/100
= 95x/100-----(1)
2)
gain (g)=7%
selling price(s2) = x(100+g)/100
= x(100+7)/100
=107x/100-----(2)
but
(2) - (1)=27
107x/100 - 95x/100 = 27
12x/100 = 27
x = 27*100/12
after cancellation
x = 225
therefore
cost price = Rs225
This question is part of UPSC exam. View all Class 7 courses
Most Upvoted Answer
Parvinder sold a watch at a loss of 5 percent .if he had sold that wat...
Given:
To find: The cost price of the watch
Solution:
Let the cost price of the watch be x.
When Parvinder sold the watch at a loss of 5%, the selling price of the watch was:
SP1 = x - 0.05x = 0.95x
When he sold the watch at a gain of 7%, the selling price of the watch was:
SP2 = x + 0.07x = 1.07x
It is given that if he had sold the watch for ₹27 more, he would have gained 7%. Therefore,
SP1 + ₹27 = SP2
0.95x + ₹27 = 1.07x
0.12x = ₹27
x = ₹225
Therefore, the cost price of the watch is ₹225.
Answer: The cost price of the watch is ₹225.
- Parvinder sold a watch at a loss of 5%
- If he had sold that watch for ₹27 more, he would have gained 7%
To find: The cost price of the watch
Solution:
Let the cost price of the watch be x.
When Parvinder sold the watch at a loss of 5%, the selling price of the watch was:
SP1 = x - 0.05x = 0.95x
When he sold the watch at a gain of 7%, the selling price of the watch was:
SP2 = x + 0.07x = 1.07x
It is given that if he had sold the watch for ₹27 more, he would have gained 7%. Therefore,
SP1 + ₹27 = SP2
0.95x + ₹27 = 1.07x
0.12x = ₹27
x = ₹225
Therefore, the cost price of the watch is ₹225.
Answer: The cost price of the watch is ₹225.
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Parvinder sold a watch at a loss of 5 percent .if he had sold that watch for ₹27 more ,he would have gained 7%.find the cost price of the watch?
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Parvinder sold a watch at a loss of 5 percent .if he had sold that watch for ₹27 more ,he would have gained 7%.find the cost price of the watch? for Class 7 2024 is part of Class 7 preparation. The Question and answers have been prepared according to the Class 7 exam syllabus. Information about Parvinder sold a watch at a loss of 5 percent .if he had sold that watch for ₹27 more ,he would have gained 7%.find the cost price of the watch? covers all topics & solutions for Class 7 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Parvinder sold a watch at a loss of 5 percent .if he had sold that watch for ₹27 more ,he would have gained 7%.find the cost price of the watch?.
Parvinder sold a watch at a loss of 5 percent .if he had sold that watch for ₹27 more ,he would have gained 7%.find the cost price of the watch? for Class 7 2024 is part of Class 7 preparation. The Question and answers have been prepared according to the Class 7 exam syllabus. Information about Parvinder sold a watch at a loss of 5 percent .if he had sold that watch for ₹27 more ,he would have gained 7%.find the cost price of the watch? covers all topics & solutions for Class 7 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for Parvinder sold a watch at a loss of 5 percent .if he had sold that watch for ₹27 more ,he would have gained 7%.find the cost price of the watch?.
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