A watch was sold in Rs. 176 at a loss of 12%. What was its cost price?
54 views
0 Votes
0 Votes

A watch was sold in Rs. 176 at a loss of $12\%$. What was its cost price?

1 Answer

0 Votes
0 Votes
 
Best answer

SOLUTION :

Loss $=12 \%$

$\therefore \quad 100-12=88 \%$ of the cost price has been obtained.

$\because 88 \%$ of the C.P. = Rs. 176

$\therefore 1 \%$ of the C.P. $=$ Rs. $\frac{176}{88}$

= Rs. 2

$\therefore 100 \%$ of the C.P. $=$ Rs. $2 \times 100$

= Rs. 200

$\therefore$ The required C.P. $=$ Rs. 200 ; Ans.

TRICK :

Required C.P.

$=\frac{S . P . \times 100}{100-L \%}=\frac{176 \times 100}{100-12}$

$=\frac{176 \times 100}{88}$

= Rs. 200; Ans.

RELATED DOUBTS

1 Answer
0 Votes
0 Votes
72 Views
1 Answer
0 Votes
0 Votes
116 Views
1 Answer
0 Votes
0 Votes
146 Views
1 Answer
6 Votes
6 Votes
116 Views
Peddia is an Online Question and Answer Website, That Helps You To Prepare India's All States Boards & Competitive Exams Like IIT-JEE, NEET, AIIMS, AIPMT, SSC, BANKING, BSEB, UP Board, RBSE, HPBOSE, MPBSE, CBSE & Other General Exams.
If You Have Any Query/Suggestion Regarding This Website or Post, Please Contact Us On : [email protected]

CATEGORIES