A man purchased some article at the rate of 25 for ₹ 1. How many articles should he sell for ₹1 to gain 25%?
Answer & explanation
Correct answer: option 1
CP = Rs. \(\frac{1}{25}\)
SP = \(\frac{1}{25}\) × \(\frac{125}{100}\) = \(\frac{1}{20}\)
= 20 for Rs. 1