A shopkeeper sold an article for Rs720 and lost 25%,what must he sell it for to have gain of 25%
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Answer:Rs.1200
Step-by-step explanation:Let cost price of hand cart = 100
According to the question,
100 (cp)−→−−−−25%Loss75 (sp)−→−×485720(given)
75units→720
1unit→720/75=48/5
100units→48/5×100=960
∴Cost price= Rs.960
To gain 25% selling price is =cp+profit%×cp
=960+25100×960
=960+240
=Rs.1200
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