A man sod his watch at a loss of 5% . Had he sold it for TK. 56.25 more he woud hae gained of 10% . The cost price of the watch is -
Created: 6 years ago |
Updated: 2 years ago
best des
Selling price at 5% loss = 100 - 5 = 95 TK.
Selling price at 10% gain = 100 + 10 = 110 TK
Difference in selling price = 110 - 95 = 15 TK.
For the selling price being 15 TK more than initial, the actual cost price = 100 TK.
For the selling price being 56.25 TK more than initial, the actual cost price = 100 x 56.25 / 15 = 375 TK
Md Azizur Rahman
Founder of Satt
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