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A person incurs a loss of 5% be selling a watch for Rs. 1140. At what price should the watch be sold to earn 5% profit.

A) Rs.1200	B) Rs.1230
C) Rs.1260	D) Rs.1290

Answer & Explanation Answer: C) Rs.1260

Explanation:

Let the new S.P be x, then

(100 - loss%) : (1st S.P.) = (100 + gain%) : (2nd S.P.)

$\Rightarrow (\frac{95}{1140} = \frac{105}{x})$

=> x = 1260

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Filed Under: Profit and Loss

A) 0	B) 4
C) 2	D) 6