Question

On selling a chair for Rs.720, a man loses 25%. To gain 25% it must be sold for

Answer 1

SP=Rs.720
loss=25%
$cp = \frac{100 \times 720}{100 - 25 = \frac{100 \times 720}{75} = 240 \times 4 = 960$
CP=Rs.960
25%of960=Rs.240
New SP=960+240=Rs1200

Answer 2

Answer :

If the Chair sell for Rs. 1200, then carpenter gain 25% profit.

Step-by-step explanation :

Hey Mate,

Given Data :

SP = Rs 720 (25% Loss)

C.P = S.P * 100 / (100 - Loss %)

C.P = (720 * 100) / 75

C.P = Rs. 960

Find the S.P to gain 25% profit

S.P = {(100 + Gain Profit) * 960 } / 100

S.P = {(100 + 25) * 960 } / 100

S.P = {(125) * 960 } / 100

S.P = 120000/ 100

S.P = Rs. 1200

If the Chair sell for Rs. 1200, then carpenter gain 25% profit.

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