If a man were to sell his chair for Rs.720

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RRB TC CC Exam (Chandigarh) 2008 click here to view all questions

If a man were to sell his chair for Rs.720, he would loss 25%. To gain 25% he should sell it for

ARs.1200

BRs.1000

CRs.960

DRs.900

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Answer is : A. Rs.1200 Explanation: If there is Loss then , $\text{Cost Price} = \Big[ \frac{100}{(100 -Loss\%)}\Big] \times \text{Selling Price}$ CP of chair = $\frac{100}{(100-25)}\times720$ = $\frac{100}{75}\times 720$  = $Rs. 960$ To gain 25%, $\text{Selling Price} = \Big[\frac{(100 +Gain \%) }{ 100}\Big] \times \text{Cost Price}$ $\text{Selling Price} = \Big[\frac{(100 + 25)}{100}\Big]\times 960$ $=\frac{125}{100}\times 960$ $= Rs. 1200$ Nithin K ? answered Apr 7 '2018 at 10:17 All Comments

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