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If a watch is sold for ₹ 120, there is a loss of 15%. For a profit of 2%, the watch is to be sold for

₹ 144
₹ 175
₹ 185
₹ 165

Correct Answer: ₹ 144

Explanation:

SP = ₹ 120 and loss = 15%
∴ CP = (100/85) x 120 = 2400/17,
Gain = 2%
∴ Required SP = (102/100) x (2400/17) = ₹ 144

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