52
A man sells a table for Rs. 4200 at 25% loss. At what price must he sell to get a profit of 25%?
- A1,400
- B8,400
- C7,000
- D5,600
Answer not set
Discussion 1
Log in or create a free account to reply and vote.
0
CCommunity
Selling price = Rs. 4200
⇒ Loss % = {1 - (Selling price/cost price)} × 100
⇒ 25 = {1 - (4200/cost price)} × 100
⇒ 4200/cost price = 3/4
⇒ Cost price = Rs. 5600
Now, to get a profit of 25%,
Selling price = 5600 + 25% of 5600 = Rs. 7000
⇒ Loss % = {1 - (Selling price/cost price)} × 100
⇒ 25 = {1 - (4200/cost price)} × 100
⇒ 4200/cost price = 3/4
⇒ Cost price = Rs. 5600
Now, to get a profit of 25%,
Selling price = 5600 + 25% of 5600 = Rs. 7000