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    Ankita sold her watch at 5% loss. If she had sold it for ₹ 300 more, she would have gained 5%. Find the selling price of the watch.
    Question

    Ankita sold her watch at 5% loss. If she had sold it for ₹ 300 more, she would have gained 5%. Find the selling price of the watch.

    A.

    ₹2,900

    B.

    ₹2,750

    C.

    ₹3,000

    D.

    ₹ 2,850

    Correct option is D

    Given: 
    Ankita sold her watch at 5% loss.
    selling it for ₹ 300 more, gain would be 5% 
    Formula Used: 
    For Loss , SP = CP×(1loss%100)\text {CP} \times \left(1-\frac{loss \%}{100} \right) 
    For Profit,  SP = CP×(1+Profit%100)\text {CP} \times \left(1+\frac{Profit \%}{100} \right) 
    Solution: 
    Let the CP be 100x.
    SP when there is 5% loss,
    SPloss=100x×(95100)=95x\text {SP}_{loss} = 100x \times \left( \frac{95}{100} \right) = 95x 
    SP when there is 5% gain.
    SPprofit=100x×(105100)=105x\text {SP}_{profit} = 100x \times \left( \frac{105}{100} \right) = 105x 
    Now,   SPprofitSPloss=300\text{SP}_{profit} - \text{SP}_{loss} = 300 
    105x - 95x = 300
    10x = 300 
    x = 30  
    Now,  CP = 100×30=3000\times 30 = ₹3000 
    So, SP at loss = 3000×95100=28503000 \times \frac{95}{100} = ₹2850 ​

    Alternate Method:

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