alleryBy selling a watch for Rs 1080 a trader earns 8% profit. The CP is
ARs 1020
BRs 990
CRs 1000
DRs 1010
Answer & Solution
Correct answer: C. Rs 1000
SP = 1.08 x CP = 1080, so CP = 1080/1.08 = 1000. Check: profit = 80, 80/1000 = 8%.
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