By selling a watch for Rs. 1,140, a man loses 5%. At what price should he sell it to gain 5%?

Topic: Profit and Loss
Subtopic: Selling Price

ARs. 1,200

BRs. 1,230

CRs. 1,260

DRs. 1,290

Explanation

Selling price = Rs. 1,140 at 95% CP => CP = 1140 / 0.95 = Rs. 1,200. To gain 5%, SP = 1200 * 1.05 = Rs. 1,260.

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