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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%?
- ARs. 220
- BRs. 360
- CRs. 480
- DRs. 520
Correct answer: C
Discussion 1
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0
CCommunity
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
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