Answer:
CP = 17000
Step-by-step explanation:
Given that,
Loss = 10%
Selling price of the watch, SP = $15,300
We need to find the cost price of the watch.
[tex]CP=\dfrac{100}{100-L\%}\times SP\\\\CP=\dfrac{100}{100-10}\times 15300\\\\CP=17000[/tex]
So, the cost price of the watch is 17000.
