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Discussion :: Profit and Loss

  1. A man purchased a watch for Rs. 400 and sold it at a gain of 20% of the selling price. The selling price of the watch is:
    2. A.
    Rs. 300
    B.
    Rs. 320
    C.
    Rs. 440
    D.
    Rs. 500

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    Answer : Option D

    Explanation :

    Let S.P = Rs. X 


    Then, 400 + 20% of x = x 

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