$A$ man buys a watch for ₹ $1950$ in cash and sells it for ₹ $2200$ at a credit of $1$ $year$. If the rate of interest is $10 \%$ $p.a.$,what is his profit or loss?

  • A
    ₹ $55$ gain
  • B
    ₹ $50$ profit
  • C
    ₹ $30$ gain
  • D
    ₹ $30$ profit

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