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Q.

The wholesaler bought watches for rupees each. He sold of the watches for 20 rupees each, one third for rupees and the rest for rupees. What was the approximate profit per wholesaler's watch?

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a

b

c

d

e

answer is A.

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Detailed Solution

Concept: Find the cost of 120 clocks, which is the product of the number of clocks and their cost. Then find the retail price for these 120 watches. To find the profit, take the difference between SP and CP. The approximate win per watch is 120 watches.
From given,
C.P. of each watch = Rs 30 , number of watches

Total C.P.

Wholesaler sold

( 60 watches) at Rs 20
S.P. of these 60 watches

of 120 watches are sold at

Rest

watches are sold at Rs 60

Total S.P.

Rs 4000
Profit

Average profit per watch

Hence, the option 1 is correct

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