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Shaan has a total of Rs5,500 with him. He buys product ‘Z’ at Rs5,000 from this sum and then sells it to another person, thus
making a profit of 15% onit. With all the money he has now, he buys product ‘X’ andthen sells it to another person making a
profit of 25% onit. What is the total money Shaan has now?
Rs7,812.50
Rs7,815.50
Rs6,325.50
Rs7,187.50
Cost price of product 'Z' = 5000 Profit = 15% Selling price = 5000 x 115/100 = 5750 Cost price of product 'X' = 5750 + 500 = 6250 Profit = 25% Selling price = 6250 x 125/100 = 7812.5 Shaan has rs. 7812.5. The correct answer is option A.
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