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Start learning 50% faster. Sign in nowMaximum profit will be earned when the cost price is least and selling price is maximum. Therefore, least cost price of 16 watches = 16 × 1000 = Rs. 16000 Maximum selling price of 16 watches = 16 × 1560 = Rs. 24960 Therefore, maximum profit that can be earned = 24960 – 16000 = Rs. 8960
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