Question 67

The difference in the selling price of article for selling at 25% profit and 37.5% loss is ₹1250. What will be the selling price when it is sold at 12.5% profit?

Solution

Let's assume the cost price of the article is ₹y.

The difference in the selling price of an article for selling at 25% profit and 37.5% loss is ₹1250.

y of (100+25)% - y of (100-37.5)% = 1250

y of 125% - y of 62.5% = 1250

y of 62.5% = 1250

y = ₹2000

selling price when it is sold at 12.5% profit = 2000 of (100+12.5)%

= 2000 of 112.5%

= ₹2250

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