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Qamar gained 16%on the resale of a used stereo. If he purchased the item for Rs. 1,500. how much did he sell it for ?

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Qamar gained 16%on the resale of a used stereo. If he purchased the item for Rs. 1,500. how much did he sell it for ?
1). Rs. 1740
2). Rs. 1660
3). Rs. 1600
4). Rs. 1820


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