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A watch company sells a handsome wrist watch for $100. One day, they decide to throw a sale, lowering the price by 20%. They decide the price is too low, so they raise the price by 20% of the sales price.

What is the final price of the watch?

Answer :

Lowering the price : $100 - $100 x 20/100 = $100 - $20 = $80

Raising the price: $80 + $80 x 20/100 = $80 + $16 = $96

Final price: $96

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