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    A shopkeeper sold a watch for ₹280 and gained profit of ₹12. The cost price of the watch is
    Question

    A shopkeeper sold a watch for ₹280 and gained profit of ₹12. The cost price of the watch is

    A.

    ₹268

    B.

    ₹256

    C.

    ₹250

    D.

    ₹240

    Correct option is A

    Given:

    Selling Price (SP) = ₹280

    Profit = ₹12

    Solution:

    CP = 280 - 12 = ₹268

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