1. A merchant purchases a wrist watch for 450 and fixes its list price in such a way that after allowing a discount of 10% he earns a profit of 20%. Then the list price of the watch is
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By: anil on 05 May 2019 02.25 am
Cost price of the watch = Rs. 450 Profit % = 20% => Selling price = $$450+(frac{20}{100} imes450)$$ = $$450+90=Rs.$$ $$540$$ Discount % = 10% => List price = $$frac{540}{(100-10)} imes100$$ = $$6 imes100=Rs.$$ $$600$$ => Ans - (A)
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