Question 22

Manu sold a dozen watches for Rs.1454.64 per watch and made a profit of 16%. Find the cost price of each watch?

Solution

Let say,cost price of all the watches is x.

selling price of one dozen watches $$12\times1454.64=17455.68.$$Rs.

But selling price at 16% profit is=1.16x.

So, 1.16x=17455.68

or,x=15048 Rs.

Cost Price of dozen watches = Rs.15048.
Cost Price of each watch = Rs.15048/12 = Rs.1254.

A is correct choice.

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