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True Discount
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➤ True Discount ➤ 1
Question 1
Q1.
A man buys a watch for Rs. 1950 in cash and sells it for Rs. 2200 at a credit of 1 year. If the rate of interest is 10% per annum, the man:
gains Rs. 55
gains Rs. 50
loses Rs. 30
gains Rs. 30
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