Question 141

If a man were to sell his hand-cart for ₹720, he would lose 25%. At what price must he sell it to gain 25% ?

Solution

Selling price = Rs. 720

Loss % = 25%

=> Cost price = $$\frac{720}{(100-25)}\times100$$

= $$720\times\frac{4}{3}=Rs.$$ $$960$$

Profit % = 25%

=> Selling price = $$960+(\frac{25}{100}\times960)$$

= $$960+240=Rs$$ $$1200$$

=> Ans - (D)

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