Q. |
A man sold a watch for ₹ 1500 which he bought at ₹ 1550. His profit or loss is : |
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A. ₹ 500 profit |
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B. ₹ 500 loss |
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C. ₹ 50 profit |
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D. ₹ 50 loss |
CP = ₹ 1550 SP = ₹ 1500
SP is less than Cp
Hence, Loss = 1550 - 1500 = ₹ 50