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Q.

There is a 10 % loss if a watch is sold for $₹$ 1440. At what price should it be sold to make a profit of 15 %?

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a

1860

b

1850

c

1800

d

1840

answer is D.

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Detailed Solution

S.P. of watch at 10% less $= ₹ 1440$

To gain $15 %$ profit, sp of watch

$= \frac{1440}{90} \times 115 = ₹ 1840$

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