Multiple choice

Vijay sold a watch at a gain of 5%. Had he sold it for Rs 72 more, he would have gained 13%. Find the cost price of the watch. Rs 900 Rs 910 Rs 870 None of these

  1. A

  2. B

  3. C

  4. D

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Let CP be x. 1.05x + 72 = 1.13x. 0.08x = 72. x = 72 / 0.08 = 900.

AI explanation

The difference in gain percentages is 13% minus 5%, which equals an 8% difference. This 8% of the cost price equals the Rs 72 difference in the selling price. Therefore, the cost price is calculated as 72 divided by 0.08, which gives Rs 900.