On selling a bike for ₹2500 of a seller incurs a loss of 20%. What price would have caused him to lose 30%?

₹2185.5 ₹2188.5 ₹2186.5 ₹2187.5

₹2187.5

Selling price of the bike = 2500 Loss = 20% Required loss = 30% So according to the question, 80% of the CP = 2500 70% of the CP = 2500 × \(\frac{70}{80}\) = ₹2187.5