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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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