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A man sold watch at 10% profit if he bought if at 10% less and sold if for rupee 15 more, he would have gained 25% . Find the cost price of watch.?
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A man sold watch at 10% profit if he bought if at 10% less and sold if...
Problem Statement
A man sold a watch at a 10% profit. If he bought it at 10% less and sold it for Rs. 15 more, he would have gained 25%. Find the cost price of the watch.
Step-by-Step Solution
- Let's assume that the cost price of the watch is x.
- The man sold the watch at a 10% profit, which means he sold it at 1.1x.
- If he had bought it at 10% less, he would have bought it at 0.9x.
- If he sold it for Rs. 15 more, he would have sold it at 1.1x + 15.
- According to the question, if he had bought it at 0.9x and sold it at 1.1x + 15, he would have gained a 25% profit.
- So, (1.1x + 15 - 0.9x)/0.9x * 100 = 25%
- Simplifying the equation, we get 0.2x + 15 = 2.25x
- Therefore, x = 200
Answer
The cost price of the watch is Rs. 200.
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A man sold watch at 10% profit if he bought if at 10% less and sold if for rupee 15 more, he would have gained 25% . Find the cost price of watch.?
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A man sold watch at 10% profit if he bought if at 10% less and sold if for rupee 15 more, he would have gained 25% . Find the cost price of watch.? for SSC CGL 2024 is part of SSC CGL preparation. The Question and answers have been prepared according to the SSC CGL exam syllabus. Information about A man sold watch at 10% profit if he bought if at 10% less and sold if for rupee 15 more, he would have gained 25% . Find the cost price of watch.? covers all topics & solutions for SSC CGL 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A man sold watch at 10% profit if he bought if at 10% less and sold if for rupee 15 more, he would have gained 25% . Find the cost price of watch.?.
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