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Savita sold an item for 6,500 and incurred a loss of 20%. At what price should she have sold the item to have gained a profit of 20%?
- A10,375
- B9,750
- C8,125
- DCannot be determined
Answer not set
Discussion 1
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CCommunity
Solution
C.P of article = 6500 * (100/80)
= Rs. 8125
S.P for a gain of 20% = (8125*120)/100 = Rs. 9750
C.P of article = 6500 * (100/80)
= Rs. 8125
S.P for a gain of 20% = (8125*120)/100 = Rs. 9750