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- Quantitative Aptitude
7.Profit and Loss
easy
Rahim bought a gift item for $Rs.\,510$ after getting a discount of $15 \% .$ He then sells it $5 \%$ above the marked price. The profit earned in this deal is (in $Rs.$)
A
$150$
B
$120$
C
$100$
D
$90$
Solution
Market price of the gift item $=\frac{510 \times 100}{85}$
$=₹ 600$
$S.P.$ for Rahim $=\frac{600 \times 105}{100}=₹ 630$
Earned profit $=₹(630-510)=Rs. 120$
Standard 13
Quantitative Aptitude