Question

A dealer sold an article at a loss of $2\frac{1}{2}\%$. Had he sold it for Rs. 100 more, he would have gained $7\frac{1}{2}\%$ To gain $12\frac{1}{2}\%$, he should sell It for:

• A. Rs. 850
• B. Rs. 925
• C. Rs. 1080
• D. Rs. 1125

Answer 1

Answer: (D)

Rs. 1125

Let C.P. be Rs. x. Then,
$107\frac{1}{2}Percentofx-97\frac{1}{2}Percentofx=100$
$\Rightarrow x=1000$
$\therefore DesiredS.P=112\frac{1}{2}percentof1000$
$\Rightarrow (\frac{225}{2}\times \frac{1}{100}\times 1000)=Rs.1125$