Sahil purchased an iron almirah for Rs. 5200 and paid Rs. 180 for its transportation. He also spent Rs. 120 on painting and then sold it at a gain of 10%. Find the amount for which he sold the almirah.

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4660 Rs.

answer is B.

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Detailed Solution

Concept- Find the entire cost of an iron almirah by adding the cost of the almirah, the cost of shipping, and the cost of painting. After that, multiply the gain percentage by the whole cost to determine the gain. The selling price is then calculated by adding the whole cost price and the gain amount. The outcome is what was hoped for—the quantity.
Cost of almirah =Rs. 5200
Amount paid for transportation =Rs. 180
Amount paid for painting =Rs. 120
Total amount paid for almirah = Rs.

= Rs. 5500
He sold for

gain

(cost of almirah)

=550 .
Amount for which he sold the almirah =(cost for almirah) +

= Rs.

Rs. 550
Hence, the correct answer is option 2 .

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