A person incurs 20% loss by selling a watch for $1000. At what price should the watch be sold to earn 20% profit?	Pick.
A) $1000  B) $950  C) $1500  D) $1150  E) $1250
Let the new selling price be $x   (100-loss%): (1st S.P.) = (100+gain%):(2nd S.P.)   (100-20)/1000 = (100+20)/x   x = 120*1000/80= 
<gadget id="calculator">120*1000/80</gadget>
<output>1_500</output>
1500   Answer is $1500
<result>C</result>
A person incurs 20% loss by selling a watch for $1000. At what price should the watch be sold to earn 20% profit?