A man sells a watch for 960 Taka and loses 20%. What was the cost price?

Question: A man sells a watch for 960 Taka and loses 20%. What was the cost price?

Answer: Here, Given Selling Price = 960 Taka
- With Loss 20 % If,
The Selling Price is 80 Taka then Cost Price is =100 Taka
The Selling Price is 1 Taka then Cost Price is =100/80 Taka
The Selling Price is 960 Taka then Cost Price is = (100×960)/80 Taka = 1200 Taka