By selling a watch for Rs 1275, Javed lost 15%. At what price should he sell to make a profit of 10%

Question

By selling a watch for Rs 1275, Javed lost 15%. At what price should he sell to make a profit of 10%

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Xavia 3 months 2021-07-28T14:54:45+00:00 1 Answers 5 views 0

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    2021-07-28T14:56:17+00:00

    Answer: Rs. 1,650

    Step-by-step explanation:

    First find the original price of the watch.

    If the watch is sold at Rs. 1,275, there is a 15% loss.

    Assume the watch is x.

    (1 – 15%) * x = 1,275

    0.85x = 1,275

    x = 1,275 / 0.85

    x = Rs. 1,500

    Now add a 10% markup on the original:

    = (1 + 10%) * 1,500

    = 1.1 * 1,500

    = Rs. 1,650

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