Multiple Choice Questions on A sold a watch to B at a gain of 20 and B sold it to C at a loss if 10 If C bought the watch for Rs ........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

A sold a watch to B at a gain of 20 and B sold it to C at a loss if 10 If C bought the watch for Rs ...........

Quant (SSC) Profit and loss
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    A sold a watch to B at a gain of 20% and B sold it to C at a loss if 10%. If C bought the watch for Rs. 216, at what price did A purchase it?

    200

    Correct Answer

    216

    Incorrect Answer

    250

    Incorrect Answer

    176

    Incorrect Answer
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    Explanation:

    Let A purchased the watch for ? x.
    Then, according to the question,
    120% of 90% of x = 216
    ⇒ 120/100 x 90/100 × x = 216
    ⇒ x = 108x = 21600  
    ⇒  x = ? 200

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