Rajveer loses 20% by selling a wrist watch for Rs. 768. What per cent will he gain by selling it for Rs. 1080?
(a) 7.5%
(b) 8.5%
(c) 9.5%
(d) 10.5%
(e) None of the above
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768*100/80=960
SP=1080
1080-960=120
%profit=120/960*100=12.5%
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