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If a shopkeeper sells a watch for $300 after a profit of 25%, what was the cost

Practice Questions

Q1
If a shopkeeper sells a watch for $300 after a profit of 25%, what was the cost price?
  1. $220
  2. $240
  3. $250
  4. $260

Questions & Step-by-Step Solutions

If a shopkeeper sells a watch for $300 after a profit of 25%, what was the cost price?
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