A man buys a watch for Rs. 195 in cash and sells is for Rs. 220 at a credit of 1 year. If the rate of interest is 10% the man:

A man buys a watch for Rs. 195 in cash and sells is for Rs. 220 at

1.	A man buys a watch for Rs. 195 in cash and sells is for Rs. 220 at a credit of 1 year. If the rate of interest is 10% the man:
A.	gains Rs. 15
B.	gains Rs. 3
C.	gains Rs. 5
D.	loses Rs. 5
Answer» D. loses Rs. 5

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A man buys a watch for Rs. 195 in cash and sells is for Rs. 220 at a credit of 1 year. If the rate of interest is 10% the man:

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