A person incurs a 10 % loss by selling a watch for Rs. 1800. At what price should the watch be sold to earn a 10 % profit? Friends…!Let the cost price of the watch be ₹ 100The person incurs a loss of 10% by selling a watch, it meansThe selling price of watch on cost price 100 is= 100 - 10=₹ 90.For a 10% profit, the selling price has to be100 + 10 = ₹ 110.Thus, the selling price has to be changed from ₹90 to ₹110 on the watch cost of Rs. 100.On a selling price of Rs. 1800, the new selling price with 10% profit has to be= 2280 × 110 / 90= 180 × 110/9= 20×11= 2200
A person incurs a 10 % loss by selling a watch for Rs. 1800. At what price should the watch be sold to earn a 10 % profit?
Friends…!
Let the cost price of the watch be ₹ 100
The person incurs a loss of 10% by selling a watch, it means
The selling price of watch on cost price 100 is
= 100 - 10
=₹ 90.
For a 10% profit, the selling price has to be
100 + 10 = ₹ 110.
Thus, the selling price has to be changed from ₹90 to ₹110 on the watch cost of Rs. 100.
On a selling price of Rs. 1800, the new selling price with 10% profit has to be
= 2280 × 110 / 90
= 180 × 110/9
= 20×11
= 2200