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Vijay sold a watch at a loss of 50%. If the loss is Rs2,400, then what is the selling price of the watch?
Rs3,600
Rs2,400
Rs4,800
Rs1,200
- Vijay sold a watch at a 50% loss.
- The loss amount is Rs 2,400.
- In a loss scenario, this loss amount equals 50% of the cost price.
- Thus, the cost price of the watch was Rs 2,400 / 0.5 = Rs 4,800.
- The selling price can be calculated as the cost price minus the loss.
Selling Price = Cost Price - Loss
= Rs 4,800 - Rs 2,400
= Rs 2,400
- Therefore, the selling price of the watch is Rs 2,400.
.
By: santosh ProfileResourcesReport error
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