Hari suffered a loss of 8% by selling an article. If he had sold it for ₹300 more, he would have made a profit of 4%. Find his CP (in ₹).
Answer & explanation
Correct answer: option 4
Direct concept = Loss% + Profit% = Given profit in rupees
8% + 4% = 300
12% of CP = 300
100% of CP = 2500