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Question

An item costing Rs 840 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 B Rs. 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[15100]=877.80

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