If a man were to sell his hand watch for Rs 1680, he would lose 20%. What must he sell it to for to gain 25%? Options A Rs 2625 B Rs 2830 C Rs 2456 D Rs 2525
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Solution
Solution-: Let the Cost price of the Chair is X. SP = X - 20% of X 1680 = 0.80X X = 2100 CP = Rs. 2100 So, To gain 25%, SP would be = 2100 + 25% of 2100 =Rs.(2100+525) = Rs.2625 answer.