Latika bought a teapot for ₹120 and a set of cups for ₹400. She sold teapot at a profit of 5% and cups at a loss of 5%. The amount received by her is ________ .

₹494

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₹546

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₹506

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₹534

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Solution

The correct option is C ₹506
Latika bought a teapot = ₹120
and a set of cups = ₹400
She sold teapot at a profit of 5%.
So, selling price of teapot $= \frac{5}{100} \times 120 + 120$
$= \frac{120}{20} + 120$
= 6 + 120 = ₹126
Also, she sold cups at a loss of 5%.
So, selling price of cups $= 400 - \frac{5}{100} \times 400$
= 400 - 20 = ₹380
Then, the total amount received by her = ₹126 + ₹380 = ₹506

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Question 13

Latika bought a teapot for Rs 120 and a set of cups for Rs 400. She sold teapot at a profit of 5% and cups at a loss of 5%. The amount received by her is
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