Home
Class 14
MATHS
An item costing Rs. 840 was sold by a sh...

An item costing Rs. 840 was sold by a shopkeeper at a gain of 10% and it was again sold by the new buyer at a loss of 5%. Final selling price of the item is :

A

Rs. 877.80

B

Rs. 798

C

Rs. 924

D

Rs. 37.80

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, we will calculate the selling price of the item after the shopkeeper's gain and the new buyer's loss. ### Step 1: Calculate the Selling Price after the Shopkeeper's Gain 1. **Cost Price (CP)** of the item = Rs. 840 2. **Gain Percentage** = 10% 3. **Gain Amount** = (Gain Percentage / 100) × CP \[ \text{Gain Amount} = \frac{10}{100} \times 840 = 84 \] 4. **Selling Price (SP) after gain** = CP + Gain Amount \[ \text{SP} = 840 + 84 = 924 \] ### Step 2: Calculate the Selling Price after the New Buyer's Loss 1. **New Cost Price (CP)** for the new buyer = Rs. 924 (the selling price from the shopkeeper) 2. **Loss Percentage** = 5% 3. **Loss Amount** = (Loss Percentage / 100) × New CP \[ \text{Loss Amount} = \frac{5}{100} \times 924 = 46.2 \] 4. **Final Selling Price (SP) after loss** = New CP - Loss Amount \[ \text{Final SP} = 924 - 46.2 = 877.8 \] ### Final Answer The final selling price of the item is **Rs. 877.80**. ---
Promotional Banner

Similar Questions

Explore conceptually related problems

Sahil sold an item for ₹ 280 at a loss of 20%. The cost price of the item was:

An article is sold at a loss of 10%. Had it been sold for 90 more, there would have been a gain of 5%. The original sale price of the article is—

If a chair is bought for Rs. 2000 and is sold at a gain of 10%, then selling price of the chair is Rs. 2010.

Cost of an item is 250 . It was sold with a profit of 12% .Find the selling price

A trader sold an item at a loss of 20%. Had he sold it for ₹100 more, he would have gained a profit of 5%. What is the cost price of the item ?

An article is sold at a loss of 10%. Had it been sold for Rs.90 more, there would have been a gain of 5%. The original sale price of the article (inRs. ) is

An item is sold at Rs 7020 for a loss of 22%. Find its cost price.