A wrist watch is sold for Rs1 200 at a profit per cent equal to its cost price Find the cost price o...........

Quantitative Aptitude (CPO) Profit and loss

A wrist watch is sold for Rs1,200 at a profit per cent equal to its cost price. Find the cost price of the wrist watch.

This questions was previously asked in

SSC CPO 9th Nov 2022 Shift 2

Rs400

Rs250

Rs350

Rs300

Correct option:4

Solution:

SP=1200
Let CP of the watch= N rs.
Profit=N%
SP=CP x (100+P)/100
SP= N x(100+N)/100=1200
N x (100+N) = 12000
300 x 400 =12000
N=300

Hence the cost price of the wrist watch=300

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