Question

I purchased a watch for 330 and sold it at a loss of 20%. Find S.p of watch

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Answer 1

Cost price of watch = 330

Loss = 20%

Selling price = [(100 - Loss%)/100] * CP

                    = [(100 - 20)/100] * 330

                    = (80/100) * 330

                    = 264

Therefore, S.P of watch = 264

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