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A man buys a watch for Rs. 195 in cash a...

A man buys a watch for Rs. 195 in cash and sell it for Rs. 220 at a credit of 1 year. If the rate of interest is `10%`, the sun-

A

Gains Rs. 15

B

Gains Rs. 3

C

Gains Rs. 5

D

Loses Rs. 5

Text Solution

Verified by Experts

The correct Answer is:
C
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