Rahim bought a gift item for Rs. 510 after getting a discount of 15%. He then sells it 5% - above the marked price. The profit earned in this deal is

Marked price of the gift item

$=frac{510 imes 100}{85}=$ Rs. 600

S.P. for Rahim $=frac{600 imes 105}{100}=$ Rs. 630

Earned profit = 630 – 510 = Rs. 120