Q. 175.0( 1 Vote )

# Out of the four options, only one is correct. Write the correct answer.Avinash bought an electric iron for Rs 900 and sold it at a gain of 10%. He sold another electric iron at 5% loss which was bought Rs 1200. On the transaction he has aA. Profit of Rs 75B. Loss of Rs 75C. Profit of Rs 30D. Loss of Rs 30

Avinash bought an electric iron = ₹900

He sold it, at 10% profit.

So, selling price of the electric iron =

= 90 + 900 = ₹990

He also solde another electric iron at 5% loss.

Cost price of another electric iron = ₹1200

So, selling price of the electric iron = 1200 - × 1200

= 1200 – 60 = ₹1140

Total amount paid by Avinash for purchasing electric irons

= ₹900 + ₹1200 = ₹2100

Total amount received = ₹990 + 1140 = ₹2130

So, his profit = ₹2130 – ₹2100 = ₹30 in transaction.

Hence, option (c) is correct.

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