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By selling a watch for rs.1275, A man lost 15%. at what price should he sell to make a profit of 10%
Verified Answer
By selling a watch for rs.1275, A man lost 15%. at what price should h...
Let CP be x
SP = Rs.1275
Then CP is,
=> x - (x x 15/100) = 1275
=> x - 15x/100 = 1275
=> 85x = 127500
=> x = 127500/85 = 1500
If he sells at 10% profit,
1500 + (1500x10%) = 1500+150 = 1650.
Answer. He should sell the watch at Rs.1650
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Most Upvoted Answer
By selling a watch for rs.1275, A man lost 15%. at what price should h...
Given Information:
Selling price of the watch = Rs. 1275
Loss percentage = 15%
To find:
Selling price to make a profit of 10%
Solution:
Step 1: Finding the Cost Price
To find the cost price of the watch, we need to determine the original value before the loss occurred. We can use the formula:
Selling Price = Cost Price - Loss
Let's substitute the values into the formula:
Rs. 1275 = Cost Price - (15/100) * Cost Price
Simplifying the equation:
1275 = Cost Price * (1 - 15/100)
1275 = Cost Price * (85/100)
Dividing both sides by (85/100):
Cost Price = 1275 * (100/85)
Cost Price = Rs. 1500
Therefore, the cost price of the watch is Rs. 1500.
Step 2: Finding the Selling Price for a 10% Profit
To calculate the selling price to make a profit of 10%, we can use the formula:
Selling Price = Cost Price + Profit
Substituting the values:
Selling Price = 1500 + (10/100) * 1500
Selling Price = 1500 + (10/100) * 1500
Selling Price = 1500 + (10/100) * 1500
Selling Price = 1500 + 150
Selling Price = Rs. 1650
Therefore, the man should sell the watch for Rs. 1650 in order to make a profit of 10%.
Conclusion:
To make a profit of 10%, the man should sell the watch for Rs. 1650.
Selling price of the watch = Rs. 1275
Loss percentage = 15%
To find:
Selling price to make a profit of 10%
Solution:
Step 1: Finding the Cost Price
To find the cost price of the watch, we need to determine the original value before the loss occurred. We can use the formula:
Selling Price = Cost Price - Loss
Let's substitute the values into the formula:
Rs. 1275 = Cost Price - (15/100) * Cost Price
Simplifying the equation:
1275 = Cost Price * (1 - 15/100)
1275 = Cost Price * (85/100)
Dividing both sides by (85/100):
Cost Price = 1275 * (100/85)
Cost Price = Rs. 1500
Therefore, the cost price of the watch is Rs. 1500.
Step 2: Finding the Selling Price for a 10% Profit
To calculate the selling price to make a profit of 10%, we can use the formula:
Selling Price = Cost Price + Profit
Substituting the values:
Selling Price = 1500 + (10/100) * 1500
Selling Price = 1500 + (10/100) * 1500
Selling Price = 1500 + (10/100) * 1500
Selling Price = 1500 + 150
Selling Price = Rs. 1650
Therefore, the man should sell the watch for Rs. 1650 in order to make a profit of 10%.
Conclusion:
To make a profit of 10%, the man should sell the watch for Rs. 1650.
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By selling a watch for rs.1275, A man lost 15%. at what price should he sell to make a profit of 10%
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By selling a watch for rs.1275, A man lost 15%. at what price should he sell to make a profit of 10% 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 By selling a watch for rs.1275, A man lost 15%. at what price should he sell to make a profit of 10% covers all topics & solutions for Class 7 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for By selling a watch for rs.1275, A man lost 15%. at what price should he sell to make a profit of 10%.
By selling a watch for rs.1275, A man lost 15%. at what price should he sell to make a profit of 10% 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 By selling a watch for rs.1275, A man lost 15%. at what price should he sell to make a profit of 10% covers all topics & solutions for Class 7 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for By selling a watch for rs.1275, A man lost 15%. at what price should he sell to make a profit of 10%.
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