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-1 vote

 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%?

Asked on by | Votes -1 | Views: 2015 | Tags: quantitative aptitude     | profit and loss     | Add Bounty

 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. 220

B). Rs. 360

C). Rs. 480

D). Rs. 520


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1 answers

-1 vote
Answered by on | Votes -1 |

Rs. 480



SP = 800
Profit = 25%
CP = (SP)*[100/(100+P)]
= 800 * [100/125]
= 640
Loss = 25% = 25% of 640 = Rs.160
SP = CP - Loss = 640 - 160 = Rs.480

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