Notice that a 5% discount is the same thing as selling something for (100 - 5)% = 95% of its original price
So....the first watch costs 50 x . 95 = $47.50
And...a 20% discount means the same thing as selling something for (100 - 20) % = 80% of its original price
So.....the second watch costs 60 x .80 = $48
So...the first watch is the better deal