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).?534
(B).?546
(C).?494
(D).?506​

Answer 1

Solution :

Given :

Latika bought a teapot = ₹ 120

and set up cups = ₹ 400

She sold teapot at a profit of 5 %

So,

selling price of teapot = 5/100 × 120 + 120

= ₹ 126

Also, she sold cups at a loss of 5 %.

So,

selling price of cups = 400 - 5/100 × 400

= ₹ 380

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