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Sita makes profit of 15% by selling a watch for Rs. 1656. At what price should the watch be sold to make 25% profit ?

Solution

Correct Option: 1

CP =16561.15=1440=\frac{1656}{1.15}=1440. At 25% profit, SP =1440×1.25==1440\times1.25= Rs.1800.

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