Practicing Success
On selling an article for Rs. 7200, a person losses 25% of its cost price. At what price he should sell it to gain 25% on its cost price? |
12000 10000 13000 15000 |
12000 |
Loss of 25% ⇒ 75% of C.P. = 7200 1% of C.P. = \(\frac{7200}{75}\) 100% of C.P. = 9600 To gain 25%, article selling price must be 125% of CP SP = \(\frac{9600 × 125}{100}\) = 12000 |