Edit MetaData
1 year, 9 months ago
1 year, 9 months ago
Let the cost price (CP) of the wrist watch be Rs. x.
Given, selling price (SP) of the wrist watch = Rs. 1200.
Profit per cent = CP = x.
Therefore, SP = CP + Profit
i. e., SP = x + x% of x
i. e., 1200 = x + (x/100) * x
i. e., x = 300
Hence, the cost price of the wrist watch is Rs. 300.
1 year, 7 months ago
SP/CP = CP*((100+CP)%) +CP /CP
when SP=1200, above relation only satisfies when CP is kept 300.
Detailed syllabus & Topic-wise Weightage
By proceeding you agree to create your account
Free CAT Syllabus PDF will be sent to your email address soon !!!