Finding Prices / Charges Related to Buying and Selling
An item costi...
Question
An item costing Rs840 was sold by a shopkeeper at a gain of 10% and it was again sold by the new buyer at a loss of 5%.The final selling price of the item is.
A
Rs.977.80
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B
Rs.777.80
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C
Rs.877.80
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D
Rs.867.80
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Solution
The correct option is BRs.877.80 CP of an article = Rs 840
Gain =10 %
SP of an article first time =840+10100×840=924
SP of an artcle after having loss =924[1−5100]=877.80