My Learning Cart
?
Categories
Account

If a shopkeeper sells a watch for $300 after a profit of 25%, what was the cost

₹0.0
Login to Download
  • 📥 Instant PDF Download
  • ♾ Lifetime Access
  • 🛡 Secure & Original Content

What’s inside this PDF?

Question: If a shopkeeper sells a watch for $300 after a profit of 25%, what was the cost price?

Options:

  1. $220
  2. $240
  3. $250
  4. $260

Correct Answer: $240

Solution: 

Let the cost price be x. Selling Price = x + 0.25x = 1.25x. Therefore, 1.25x = 300. x = 300 / 1.25 = $240.

If a shopkeeper sells a watch for $300 after a profit of 25%, what was the cost

Practice Questions

Q1
If a shopkeeper sells a watch for $300 after a profit of 25%, what was the cost price?
  1. $220
  2. $240
  3. $250
  4. $260

Questions & Step-by-Step Solutions

If a shopkeeper sells a watch for $300 after a profit of 25%, what was the cost price?
  • Profit Calculation – Understanding how to calculate cost price from selling price and profit percentage.
  • Algebraic Manipulation – Using algebra to solve for the unknown variable (cost price) in an equation.
Soulshift Feedback ×

On a scale of 0–10, how likely are you to recommend The Soulshift Academy?

Not likely Very likely
Home Practice Performance eBooks