by selling a watch for rupees 720, a man loss 25%, find the cp of the article
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Answer:
Let the Cost price of the Chair is X.
SP = X - 25% of X
720 = 0.75X
X = 960
CP = Rs. 960
So, To gain 25%, SP would be
= 960 + 25% of 960 =Rs. 1200
Short-cut
CP of chair =
1007510075
× 720 = Rs. 960
To gain 25%, SP =
125100125100
× 960 = Rs. 1200
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