A man buys a watch for Rs. 195 in cash and sells it for Rs. 220 at a credit of 1 year. If the rate of interest is 10%, the man ?

 A man buys a watch for Rs. 195 in cash and sells it for Rs. 220 at a credit of 1 year. If the rate of interest is 10%, the man ?

A). Gains Rs. 15

B). Gains Rs. 3

C). Gains Rs. 5

D). Loses Rs. 5

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