MBA Exam

Mehta sold two watches for a total amount of à¤°2160.
On one watch, he made a profit of 40% and on the other watch he
incurred a loss of 50% On the whole, he neither made a profit nor
incurred a loss. Find the cost price of the watch sold at a loss.

1) 480
2) 960
3) 1200
4) 1680

Read Solution (Total 1)

let sp1=x and sp2=2160-x
cp1=x*100/140
cp2=(2160-x)*100/50
cp1+cp2=2160
10x/14+2(2160-x)=2160
by solving
18x=2160*14
x=1680
hence
cp2=2(2160-1680)
cp2=960 answer,,,its (b)
11 years agoHelpfull: Yes(1) No(0)

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