A man sold his bike for ₹ 25,000 at 25% profit. At what price would it he have sold if he had incurred a loss of 15%? |
₹ 16,000 ₹ 19,000 ₹ 18,000 ₹ 17,000 |
₹ 17,000 |
The selling price of the bike = 25000 Profit = 25% Then the cost price of the bike = 25000 × \(\frac{100}{125}\) = 20000 If he had a loss of 15% then the selling price = 20000 × \(\frac{85}{100}\) = ₹ 17,000 |