Question : Mayur sold a watch at a profit of 7%. If he had sold it for INR 1,329 more, he would have gained 57%. Find the cost price (in INR) of the watch.
Option 1: 2580
Option 2: 2658
Option 3: 2420
Option 4: 2856
Correct Answer: 2658
Solution :
Let the cost price be 100 units.
Profit in the first case = 7% of 100 = 7 units
Profit in the second case = 57% of 100 = 57 units
Difference in profit = INR 1329
(57 – 7) units = 1329
50 units = 1329
Cost price = 100 units = 1329 × 2 = INR 2658
Hence, the correct answer is 2658.
Related Questions
Know More about
Staff Selection Commission Sub Inspector ...
Result | Eligibility | Application | Selection Process | Cutoff | Admit Card | Preparation Tips
Get Updates Brochure
Your Staff Selection Commission Sub Inspector Exam brochure has been successfully mailed to your registered email id “”.
