A) 70
B) 85
C) 65
D) 50
Correct Answer: A
Solution :
Labelled price = Rs. x \[\therefore \]CP of watch = Rs. 0.70x SP of watch = Rs. 1.20x \[\therefore \]Profit \[=SP-CP=1.20x-0.70x=0.50x\] \[\therefore \]Required percentage profit \[=\frac{0.50x}{0.70x}\times 100=71.4%\approx 70%\]You need to login to perform this action.
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