Subject :IMO Class : Class 7
By selling a watch for Rs 1275, Javed lost 15%. At what price should he sell to make profit of 10%?
(a) Rs 1500
(b) Rs 1482
(c) Rs 1550
(d) Rs 1650
Can anyone explain me properly ?
Ans 1: (Master Answer)
Class : Class 1
Let Cost price be ‘x’.
Selling price = x – 15% of x = 85x /100
85x /100 = 1275
So, x(cost price) = 127500/85 = Rs. 1,500
So, new selling price = 1500 + 10% of 1500
= 1500 + 150 = Rs. 1650
Answer-(D) Rs 1650