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%?
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
1 answers
Answered by
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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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