Question:
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 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.
Updated On: Oct 11, 2024
- Gains Rs. 55
- Gains Rs. 50
- Loses Rs. 30
- Gains Rs. 30
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The Correct Option is A
Solution and Explanation
The correct option is (A): Gains Rs. 55
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