Q.

A trader loses 25%, if an article is sold at Rs. 243. The selling price of the article to get a profit of 25% (in Rs.) is

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a

Rs. 343

b

Rs. 324

c

Rs. 405

answer is C.

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Detailed Solution

By selling for 243 loses 25%

c.p=s.p.×100(100Loss%)=243×100(10025)=2430075

To gain 25% gain the selling price is

s.p=c.p(100+profit%)100=2430075(100+25)100=405 rupees 

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