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Alex bought a smartwatch for $200 from his friend and sold it to another friend at a certain price. What is his actual

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Alex bought a smartwatch for $200 from his friend and sold it to another friend at a certain price. What is his actual

by M7MBA » Sun Dec 27, 2020 3:24 pm

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Alex bought a smartwatch for $200 from his friend and sold it to another friend at a certain price. What is his actual profit percentage?

1. Alex gave a discount of 25% while selling the watch.
2. Alex made a profit of 33.3% when calculated on the selling price.

Answer: B

Source: e-GMAT
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Source: — Data Sufficiency |
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