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Reported Question / Answer
Q.) A man buys a watch for Rs. 1950 in cash and sells it for Rs. 2200 at a credit of 1 year. If the rate of interest is 10% per annum, the man:
1)
gains Rs. 50
2)
gains Rs. 55
3)
gains Rs. 30
4)
loses Rs. 30
5)
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Answer :
1
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