Question 8

# A cycle was sold for ₹4,140 with a profit of 15%. At what price could it have been sold to earn a profit of 25% ?

Solution

S.P=4140 Rs And profit % = 15

C.P=4140$$\times\$$($$\ \frac{\ 100}{115}$$) =3600

for earn 25 % profit

New selling price =3600$$\times\$$($$\ \frac{\ 125}{100}$$)=4500

option 'B' is correct.