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A person incurs a loss of 5% by selling a watch for Rs. 1425. The cost price of the watch is _____?
  1. Rs. 1650
  2. Rs. 1500
  3. Rs. 1600
  4. None of these
Explanation

Let's find the cost price:

Selling price = Rs. 1425

Loss = 5%

Cost price = 1425 × 100 / 95

= 1425 × 20/19

= 1500


Last verified on 19-03-2026

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