The difference in the selling price of article for selling at 25% profit and 37.5% loss is ₹1250. What will be the selling price when it is sold at 12.5% profit?
Answer & explanation
Correct answer: option 4
Direct concept =
Profit given + loss given = Difference given
25% + 37.5% = 1250
100% of CP = 2000
Selling price at the profit of 12.5% = 112.5 of 2000 = ₹2250