By selling a watch for rs2400,a dealer gains 25 percent what is the cost price and how much is perfect would be profit by selling watch for rs 2040
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Answer:
selling price =2400
gain=25%
so, 125%= 2400
100%=2400×100/125
=480×4
=1920
cost price of the watch is Rs 1920
if the selling price is Rs 2040 then profit will be Rs (2040-1920) =Rs 120
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