20-02-2021
Mathematics

contestada

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

Respuesta :

Muscardinus Muscardinus

25-02-2021

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.

[tex]CP=\dfrac{100}{100-L\%}\times SP\\\\CP=\dfrac{100}{100-10}\times 15300\\\\CP=17000[/tex]

So, the cost price of the watch is 17000.

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