An article is sold for ₹1725 at 15% profit. If it is sold at 15% loss, then what will be the selling price?
Given,
An article is sold for ₹1725 at 15% profit,
let cost price be $$x$$.
To find the cost price, $${x}\times{\frac{100+15}{100}} = 1725$$
$${x}\times{\frac{115}{100}} = 1725$$
$${x} = {1725}\times{\frac{100}{115}}$$
$${x} = {75}\times{20}$$
$${x} = {1500}$$
If the article was sold at 15% loss,
$${1500}\times{\frac{100-15}{100}}$$
$${1500}\times{\frac{85}{100}}$$
$${15}\times{85}$$ = $$1275$$
therefore option B is the answer.
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