Word Problem 17
Problem 17: A watch was sold at a loss of 10%. If it were sold for Rs 10 more, there would have been a gain of 10%. Find for how much the watch was sold.
a. Rs 45 b. Rs 40 c. Rs 30 d. Rs 60
GRE arithmetic questions and answers
Let Cost price of the watch is ‘y’ i-e
Given it was sold at 10% loss of CP
we know formula for loss;
So this is the sale price for given information !
if the watch was sold for Rs 10 more, then sale price would have been
And it is said that there would have been a profit of 10% of CP i-e
Now use formula for profit
So cost price of the watch CP was Rs 50
put this value of y in ;
So, the watch was sold for Rs 45
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