Math Problem Statement

If you sell a watch for ₹100 Rupee the loss is double if you sell it for ₹160 Rupee. What is the purchase price of the watch?

Solution

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Math Problem Analysis

Mathematical Concepts

Algebra
Linear Equations
Profit and Loss

Formulas

Loss = Purchase Price - Selling Price
Linear equation solving

Theorems

Linear Equation Theorem

Suitable Grade Level

Grades 8-10