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Question

# 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 ________ .

A
₹494
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B
₹546
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C
₹506
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D
₹534
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Solution

## The correct option is C ₹506Latika bought a teapot = ₹120 and a set of cups = ₹400 She sold teapot at a profit of 5%. So, selling price of teapot =5100×120+120 =12020+120 = 6 + 120 = ₹126 Also, she sold cups at a loss of 5%. So, selling price of cups =400−5100×400 = 400 - 20 = ₹380 Then, the total amount received by her = ₹126 + ₹380 = ₹506

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