An article is sold for ₹1725 at 15% profit. If it is sold at 15% loss, then what will be the selling price?

₹1275 ₹1475 ₹1025 ₹1325

₹1275

Selling price = Rs. 1725, Profit = 15% ⇒ Selling price = cost price × (100 + profit)% ⇒ 1725 = cost price × 115% ⇒ Cost price = 1500 ⇒ If loss = 15% ⇒ Selling price = cost price × (100 – loss)% ⇒ Selling price = 1500 × 85% ⇒ Selling price = Rs. 1275