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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? - Mathematics

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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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