Quantitative Aptitude

General Questions - Discussion Forum

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General Questions

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Question 631
Question 631 Back to Exercise
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:

A gains Rs. 55
B gains Rs. 50 Correct
C loses Rs. 30
D gains Rs. 30
Correct Answer: Option B

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