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  1. 5% more is gained by selling a watch for Rs. 350 than by selling it for Rs. 340. The cost price of the watch is
    1. Rs. 110
    2. Rs. 140
    3. Rs. 200
    4. Rs. 250
Correct Option: C

Let C.P. of watch = Rs. y
Difference between selling prices = Rs. (350 – 340) = Rs. 10
According to the question,
5% of y = 10

5y
= 10
100

⇒ 5y = 1000
⇒ y =
1000
= Rs. 200
5

Hence , C.P. of watch is Rs. 200 .



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