Math MCQ: A merchant purchases a wrist watch for Rs.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 merchant purchases a wrist watch for Rs.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

Correct Answer: Rs.600

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