A man buys a watch for Rs. 1950 in cash and sells it for Rs. 2200 at a credit of 1 year. If the rate of interest is 10% per annum, the man: September 23, 2025 by Admin A. gains Rs. 55 B. gains Rs. 50 C. loses Rs. 30 D. gains Rs. 30 ✅ The correct answer is option B. gains Rs. 50.
