10. By selling an article for Rs2,600, a man loses 20%. Then the price at which he will sell in order to gain 25% is
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Step-by-step explanation:
S. P. = ₹2600, loss = 20%, C. P. =?
₹2600 = [1-20/100] of C. P.
=> ₹2600= 80/100 of C. P.
=>C. P. =₹ [2600×100/80] = ₹3250
Now C. P. = ₹3250, gain=25%, New S. P. =?
New S. P. = [3250×25/100]+3250
= ₹4062.5
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