Out of the four options, only one is correct. Write the correct answer.
A bought a tape recorder for Rs 8,000 and sold it to B . B in turn sold it to C, each earning a profit of 20%. Which of the following is true:

Question

Out of the four options, only one is correct. Write the correct answer.
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

Philoid · Accepted Answer

Latika bought a teapot = ₹120 and a set of cups = ₹400

She sold teapot at a profit of 5%.

So, selling price of teapot =

=

= 6 + 120

= ₹ 126

Also, she sold cups at a loss of 5%

So, selling price of cups = 400 -

= ₹400 – 20

= ₹380

Then, the total amount received by her = ₹126 + ₹380 = ₹506

Hence, option (c) is correct.