A lends ₹ 30,000 to B at the rate of 10% per annum on simple interest. After 5 years, B returned ₹ 40,000 and a watch to settle the dues. Find the price of the watch.

1
₹ 5,000
2
₹ 4,800
3
₹ 3,000
4
₹ 3,200

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