Aptitude - True Discount - Discussion

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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 interests is 10% per annum, the man                         
A. gain Rs.55 B. gain Rs.30
C. loses Rs.30 D. gains Rs.50

Answer: Option D
Explaination:

 


Discussion

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