Question

A trader makes a loss of 10% when he sells a watch for 15,300
what did it cost?​

Answer 1

Answer:

CP = 17000

Step-by-step explanation:

Given that,

Loss = 10%

Selling price of the watch, SP = $15,300

We need to find the cost price of the watch.

$CP=\dfrac{100}{100-L\%}\times SP\\\\CP=\dfrac{100}{100-10}\times 15300\\\\CP=17000$

So, the cost price of the watch is 17000.