A trader sells an article at Rs. 3200 with 20% loss. What will be the selling price of article if trader gains 25%?

Report

Report an issue

Name

Email

Message

Submit

Cancel

RRB NTPC Exam 27 Jan 2021 click here to view all questions

A trader sells an article at Rs. 3200 with 20% loss. What will be the selling price of article if trader gains 25%?

ARs. 5000

BRs. 3500

CRs. 4000

DRs. 4700

All DiscussionsClick here to write answer

correct answer is: option a (Rs. 5000) Explanation: Let the cost price of the article be $CP$. Given, selling price (SP) = Rs. 3200 and loss = 20%. We know that $SP = CP - Loss$. Since the loss is 20%, $SP = CP - 0.20CP = 0.80CP$. Therefore, $3200 = 0.80CP$, which implies $CP = \frac{3200}{0.80} = 4000$. Now, the trader wants to gain 25%. So, the new selling price (SP') will be $SP' = CP + 0.25CP = 1.25CP$. Substituting the value of CP, $SP' = 1.25 \times 4000 = 5000$. So, the selling price of the article should be Rs. 5000 Akhilesh ? answered Apr 2 '25 at 23:01

correct answer is: option a (Rs. 5000) Explanation: Let the cost price of the article be $CP$. Given, selling price (SP) = Rs. 3200 and loss = 20%. We know that $SP = CP - Loss$. Since the loss is 20%, $SP = CP - 0.20CP = 0.80CP$. Therefore, $3200 = 0.80CP$, which implies $CP = \frac{3200}{0.80} = 4000$. Now, the trader wants to gain 25%. So, the new selling price (SP') will be $SP' = CP + 0.25CP = 1.25CP$. Substituting the value of CP, $SP' = 1.25 \times 4000 = 5000$. So, the selling price of the article should be Rs. 5000 Akhilesh ? answered Apr 2 '25 at 23:01

Post your answers here:

Rich Text Editor, message-ans

Editor toolbarsClipboard/Undo Cut Copy Paste Paste as plain text Paste from Word Undo RedoEditing Spell Check As You TypeLinks Link Unlink AnchorInsert Image Math Table Insert Horizontal Line Insert Special CharacterTools MaximizeDocument SourceBasic Styles Bold Italic Strikethrough Remove FormatParagraph Insert/Remove Numbered List Insert/Remove Bulleted List Decrease Indent Increase Indent Block QuoteStylesStylesStylesFormatFormatabout About CKEditor

Press ALT 0 for help

◢Elements path 

Post

Post your comments here:

Message

140 remaining

Post

Cancel