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Question

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.

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