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AE for Sale of Goods

A shopkeeper ...

Question

A shopkeeper bought an almirah for Rs 455 and sold it for Rs 525. What was his gain?

A

Rs 80

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B

Rs 75

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C

Rs 70

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D

Rs 980

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Solution

The correct option is C
Rs 70

Gain = S.P. - C.P. = Rs (525 - 455) = Rs 70

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