Question

if an article is sold at Rs. 275, there is a profit of Rs. 25. If it is sold at a loss of 20%, find out selling price.
a. 400
b. 500
c. 200
d. 300​

Answer 1

(C)

check your answer

Answer 2

SOLUTION

TO CHOOSE THE CORRECT OPTION

If an article is sold at Rs. 275, there is a profit of Rs. 25. If it is sold at a loss of 20%, find out selling price.

a. 400

b. 500

c. 200

d. 300

EVALUATION

Let cost price of the article = Rs x

Now it is given that the article is sold at Rs. 275, there is a profit of Rs. 25

So by the given condition

x + 25 = 275

⇒ x = 275 - 25

⇒ x = 250

Now the article is sold at a loss of 20%

Hence the required selling price

$\displaystyle \sf{ = Rs. \: 250 \times \frac{80}{100} }$

$\displaystyle \sf{ = Rs. \: \: 200 }$

FINAL ANSWER

Hence the correct option is c. 200

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