Arithmetic Ability
Profit and Loss

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Q.

If watches bought at prices ranging from Rs. 200 to Rs. 350 are sold at prices ranging from Rs. 300 to Rs. 425. What is the greatest possible profit that might be made in selling nine watches ?

View Answer

Correct choice: C

Explanation:

Profit would be maximum if watches are brought for Rs. 200 and sold for Rs. 425 Profit = Rs. (425 - 200) = Rs. 225 Profit of 9 watches = Rs. 225 x 9 = Rs.2,025.
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