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Manu sold a dozen watches for Rs. 1454.64 per watch and made a profit of 16%. Find the cost price of the watches?

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Manu sold a dozen watches for Rs. 1454.64 per watch and made a profit of 16%. Find the cost price of the watches?
  • A1254.00
  • B1362.36
  • C15048.00
  • D16348.32
Answer not set

Discussion 1

0
CCommunity
Given profit % = 16

Selling price of each watch = Rs. 1454.64

Cost price of the watch × 1.16 = 1454.64

∴ Cost price = Rs. 1254

Cost price of dozen watches = 1254 × 12 = Rs. 15048.00