Question
Download Solution PDFA watch is sold for Rs. 15,000 at a loss of 25%. What is the cost price of the watch?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFGiven Data:
Selling price = Rs. 15,000
Loss percentage = 25%
Concept: Cost price = Selling price / (1 - loss percentage / 100)
Calculation:
⇒ Cost price = 15000 / (1 - 25/100) = Rs. 20,000
Therefore, the cost price of the watch is Rs. 20,000.
Last updated on Jul 8, 2025
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