When an article is sold for ₹438,there is a loss of 27%. To gain 23%, it should be sold for ₹ x. What is the value of x ?
Answer & explanation
Correct answer: option 4
The selling price of the article = 438
Loss = 27%
Cost price of the article = 438 × \(\frac{100}{77}\) = 600
Now the profit = 23%
Selling price of the article at 23% profit = 123% of 600 = ₹738