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Question

By selling a watch for Rs 1260 a person gains 5%. Find the cost price of the watch.

Solution
Verified by Toppr

Let the cost price of watch be Rs.x.
According to the question-
x+5100×x=1260
x(1+120)=1260
x=1260×2021
x=60×20=Rs.1200
Hence the cost price of watch is Rs.1200.

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