A person incurs a loss of 5 % by selling a watch for Tk. 1140. At what price should the watch be sold to earn 5% profit?

A person incurs a loss of 5 % by selling a watch for Tk. 1140. At what price should the watch be sold to earn 5% profit? Correct Answer Tk. 1260

For 5% loss, buying price of watch = (1140*100)/95 = 1200 tkFor earning 5% profit, selling price should be = (1200*105)/100 = 1260 tk (Ans)
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