A person incurs a loss of 5% be selling a watch for Rs. 1140. At what price shou

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Question
A person incurs a loss of 5% be selling a watch for Rs. 1140. At what price should the watch be sold to earn 5% profit.
Options
A. Rs.1200
B. Rs.1230
C. Rs.1260
D. Rs.1290

Correct Answer

Rs.1260

Explanation

Let the new S.P be x, then

(100 - loss%) : (1st S.P.) = (100 + gain%) : (2nd S.P.)

$? (\frac{95}{1140} = \frac{105}{x})$

=> x = 1260

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