Vinay sold a watch in ₹ 75. He gets profit as the same s cost price of the…

2021

Vinay sold a watch in ₹ 75. He gets profit as the same s cost price of the watch, then cost price of the watch is :

  1. A.

    ₹ 150

  2. B.

    ₹ 175

  3. C.

    ₹ 60

  4. D.

    ₹ 50

Attempted by 7 students.

Show answer & explanation

Correct answer: D

Step-by-Step Solution

  1. Define the variables:

    • Cost Price = x

    • Profit Percentage = x%

    • Selling Price (SP) = Rs. 75

  2. Set up the equation:

    • Profit = (Profit Percentage / 100) * Cost Price

    • Profit = (x / 100) * x = x^2 / 100

    • Selling Price = Cost Price + Profit

    • 75 = x + x^2 / 100

  3. Solve the quadratic equation:

    • Multiply the entire equation by 100 to clear the denominator: 7500 = 100x + x^2 x^2 + 100x - 7500 = 0

  4. Factor the quadratic equation:

    • We need two numbers that multiply to -7500 and add to 100. These numbers are 150 and -50.

    • (x + 150)(x - 50) = 0

    • x = -150 or x = 50.

    • Since cost price cannot be negative, x = 50.

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