A merchant purchases a wrist watch for 450 and fixes its list price – McqOptions

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1.	A merchant purchases a wrist watch for 450 and fixes its list price in such a way that after allowing a discount of 10%, he earns a profit of 20%. Then, the list price of the watch is
A.	600
B.	650
C.	700
D.	550
Answer» B. 650

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