Question

By selling an article at Rs.800, a shopkeeper makes a profit of 25%.At what price should he sell the article so as to make a loss of 25%?
A) Rs.720
B) Rs.640
C) Rs.540
D) Rs.480

Answer 1

By selling an article at Rs.800, a shopkeeper makes a profit of 25%.At what price should he sell the article so as to make a loss of 25%?

A) Rs.720
B) Rs.640
C) Rs.540
D) Rs.480

Answer:   D) Rs.480 

Read Description:

SP = Rs.800 ; Profit = 25%
CP= SP x 100100+P% = 800 x 100100+25 = 640
 
 Now, CP = Rs.640
 
Loss = 25% = 25% of Rs.640 = Rs.160
 
Thus, SP = CP - Loss = Rs.640 - Rs.160 = Rs.480