Question

On selling an article for ₹ 800, a person loses 20% of its selling price. A what price should he sell it to gain 25% on its cost price?

Answer 1

Selling price is 1250 rs

Step-by-step explanation:

According to the questions,

20 % losses on a selling price ,

it means,

80% = 800

100% = $\frac{800}{80}\times 100$

100% = 1000 rs.

Cost price of a article, CP = 1000 rs

25 % of cost price ,

⇒ $1000\times\frac{25}{100}$

⇒ 250 rs

If he gain 25 % profit,

Then,

selling price SP = 1000 + 250

SP = 1250 rs