Question

. Suhas sold an item for Rs. 7,500/-and incurred a loss of 25%. At what price should he have sold the item to have gained a profit of 25%?
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Answer 1

Answer:

The selling price of the item is 7500 and the loss is 25%.

Let the cost price be C.

So,

C

−

7500

C

=

25

100

Hence, C = 10,000. To make a profit of 25%, the selling price should be 125% * 10000 = Rs. 12500

Answer 2

Answer: SP=7500 and loss= 25%

CP=100/100-25*7500

=100/75*7500

=100*100=10000

CP=10000 & gain required= 25%

SP= 125/100*10000

SP=Rs.12500

Hence, the item should be sold for Rs. 12500 to gain 25%