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AMCAT Exam Question

A person incurs a loss of 5% be selling a watch for Rs. 1140. At what price should the watch be sold to earn 5% profit? A. Rs.1222 B. Rs.1230 C. Rs.1260 D. Rs.1290

Your Answer

5%loss =20:19=CP:SP 19*60=1140 CP=20*60=1200 5%profit=20:21=CP:SP SP=21*60=1260

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