The profit on selling an article for ₹1,100 is equal to three times the amount of loss on selling it for ₹700. To gain 12.5%, the article must be sold for:

₹900 ₹787.50 ₹956 ₹877.50

₹900

First S.P. = 1100 Second SP. = 700 Let CP = m According to the question (1100 – m) = 3 (m – 700) 1100 – m = 3m – 2100 3m + m = 2100 + 1100 4m = 3200 m = 800 SP of the article = 800 × \(\frac{9}{8}\) = Rs. 900