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    Question

    A man purchased two items together for a total of Rs.

    480. He sold one item at a profit of 30% and the other at a loss of 20%. In the end, he achieved an overall profit of 15% on the entire transaction. What is the selling price of the item that was sold at a 30% profit?
    A Rs. 480 Correct Answer Incorrect Answer
    B Rs. 340 Correct Answer Incorrect Answer
    C Rs. 239.80 Correct Answer Incorrect Answer
    D Rs. 436.80 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    So, let the cost price of the items be Rs.7x and Rs.3x Or, (7x + 3x) = 480 So, 10x = 480 So, 'x' = 48 Therefore, required selling price = Rs. 48 X 7 X 1.3 = Rs. 436.8

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