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.
Get AI Help
Create a FREE account and get:
- Download RRB Study Material PDF
- 45+ RRB previous papers with solutions PDF
- 300+ Online RRB Tests for Free
