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1. A man sold his watch at a loss of 5%. Had he sold it for Tk.56.25 more he would have gained of 10%. The cost price of the watch is--

  • A. Tk.250
  • B. Tk.250
  • C. Tk.250
  • D. Tk.250

Answer: Option B

Explanation:

He sold his watch at loss of 5%. If he sells his watch for Rs. 56.25 more, he would gain 10%. It means that15% = Tk. 56.25.
So,1% = 56.2515
100% = 56.25 × 10015
= Tk. 375
Therefore, the cost price of the watch is Tk. 375

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