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A calculator is bought for ₹ 350 and sold at a gain of 15%. What will be the selling price of calculator (in ₹)?

358
375
472
402.50

Correct Answer: 402.50

Explanation:

Given, CP = ₹ 350 and gain = 15%
∴ SP = [(100 + Gain%) / 100] x CP
= (115/100) x 350 = 115 x (7/2)
= ₹ 402.50

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