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MCQ

Gita sold her watch to Sita for ₹800 at a loss of 20%. The same watch was sold to Gita by Shakti at 20% loss. What is the actual price of watch?

#### Options

1000

1500

1250

1700

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#### Solution

**1250**

**Explanation :**

Let's consider the cost price for Gita be 'x',

as given in the question,

(80* x) /100 = 800

x =1000

The cost price for Gita would be the selling price for shakti

Let's consider the actual price of the watch be 'w'

(80*w) / 100 = 1000

w = 1250

Thus the actual cost of the watch is ₹1250.

Concept: Profit and Loss (Entrance Exam)

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