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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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