LOST = 20%After selling the watch again = Rs 1472Formula required:COST price = selling price + lossCalculation:20% LOSS + selling price = 100% of cost price ⇒ 1024 = 100% cost price - 20% loss ⇒ 1024 = 80% of cost price (∵ loss on cost price 20% of cost price)The cost price of the watch = 1024 × (100/80)⇒ 1280Profit = selling price - cost price ⇒ 1472 - 1280 =192Percentage profit = (192/1280) × 100⇒ 15%∴ The percentage profit is 15%At 20% loss, Ratio between C.P and S.P = 5 : 4Given 4 unit = 1024 ∴ 5 unit = (1024/4) × 5 = Rs. 1280 = C.PNew S.P = Rs. 1472⇒ Profit % = [(1472 - 1280)/1280] × 100 ⇒ Profit % = (192/1280) × 100 = 15%∴ The percentage profit is 15%

"> LOST = 20%After selling the watch again = Rs 1472Formula required:COST price = selling price + lossCalculation:20% LOSS + selling price = 100% of cost price ⇒ 1024 = 100% cost price - 20% loss ⇒ 1024 = 80% of cost price (∵ loss on cost price 20% of cost price)The cost price of the watch = 1024 × (100/80)⇒ 1280Profit = selling price - cost price ⇒ 1472 - 1280 =192Percentage profit = (192/1280) × 100⇒ 15%∴ The percentage profit is 15%At 20% loss, Ratio between C.P and S.P = 5 : 4Given 4 unit = 1024 ∴ 5 unit = (1024/4) × 5 = Rs. 1280 = C.PNew S.P = Rs. 1472⇒ Profit % = [(1472 - 1280)/1280] × 100 ⇒ Profit % = (192/1280) × 100 = 15%∴ The percentage profit is 15%

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A trader lost 20% by selling a watch for Rs. 1,024. What percent shall he gain or lose by selling it for Rs. 1,472?

Arithmetic Ability Profit And Loss in Arithmetic Ability 10 months ago

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Given:The selling price of the watch = Rs. 1024A trader LOST = 20%After selling the watch again = Rs 1472Formula required:COST price = selling price + lossCalculation:20% LOSS + selling price = 100% of cost price ⇒ 1024 = 100% cost price - 20% loss ⇒ 1024 = 80% of cost price (∵ loss on cost price 20% of cost price)The cost price of the watch = 1024 × (100/80)⇒ 1280Profit = selling price - cost price ⇒ 1472 - 1280 =192Percentage profit = (192/1280) × 100⇒ 15%∴ The percentage profit is 15%At 20% loss, Ratio between C.P and S.P = 5 : 4Given 4 unit = 1024 ∴ 5 unit = (1024/4) × 5 = Rs. 1280 = C.PNew S.P = Rs. 1472⇒ Profit % = [(1472 - 1280)/1280] × 100 ⇒ Profit % = (192/1280) × 100 = 15%∴ The percentage profit is 15%

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Posted on 20 Oct 2024, this text provides information on Arithmetic Ability related to Profit And Loss in Arithmetic Ability. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.

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