Quantitative Aptitude :: Profit and Loss Problems And Answers

5. By selling a watch for Rs. 980/-, a man loses 30% what is that watch cost price

A. Rs. 1200/- B. Rs. 1300/-
C. Rs. 1400/- D. None of these
Answer & Explanation

Answer: Option C

70 % ------> 980 (70 * 14 = 980) 
100 % ------>1400 (100 * 14 = 1400) 
Cost price = Rs. 1400/- 

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