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If a person sells a watch for $240 and makes a profit of 20%, what was the cost

Practice Questions

Q1
If a person sells a watch for $240 and makes a profit of 20%, what was the cost price?
  1. $200
  2. $220
  3. $180
  4. $240

Questions & Step-by-Step Solutions

If a person sells a watch for $240 and makes a profit of 20%, what was the cost price?
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