An iron costing ₹758 was sold by Ramesh at a gain of 15%, and it was again sold by Reena, who bought it from Ramesh, at a loss of 8%. Find the selling price of the iron for Reena (correct to two places of decimals).
Show answer & explanation
Correct answer: D
Explanation
The correct answer is Option 4 i.e. ₹801.96.
C.P. of Ramesh = ₹758
S.P. of Ramesh = 758 × = ₹871.7
S.P. for Reena = 871.7 × = ₹801.96