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Q.

A man bought Question Image tables at the rate of Rs.Question Imageeach. He kept 4 tables for his use and sold the other at the rate of Rs. 65.00 each. Find his gain or loss.


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a

Rs. 300

b

Rs. 320

c

Rs. 340

d

Rs. 350 

answer is C.

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Detailed Solution

Concept- A percentage is indeed a number or ratio that is a fraction of one hundred. Profit and loss percentage refers to the quantity of profit or loss which has been imposed in percentage.
Here, the man bought 40 tables at the rate of Rs. 50.00 each. So, cost price Question ImageQuestion ImageIt is given that he kept 4 tables for his use and sold the other i.e., Question Image at the rate of Rs. 65.00 each.
Now, selling price Question Image Question ImageHere S.P - C.P. = 2340 - 2000 = Rs.340.00
Therefore, he gains Rs.340.
Hence, the correct answer is option (3).
 
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