1.

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%?

Answer»

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



Discussion

No Comment Found