Join ExamsbookAnswer : 4. "Rs.480"
By selling an article at Rs.800, a shopkeeper makes a profit of 25%.At what price should he sell the article so as to make a loss of 25%?5
Q: By selling an article at Rs.800, a shopkeeper makes a profit of 25%.At what price should he sell the article so as to make a loss of 25%?
- 1Rs.720false
- 2Rs.640false
- 3Rs.540false
- 4Rs.480true
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Answer : 4. "Rs.480"
Explanation :
Answer: D) Rs.480 Explanation: SP = Rs.800 ; Profit = 25% CP = SP x 100100+P% = 800 x 100100+25 = 640 Now, CP = Rs.640 Loss = 25% = 25% of Rs.640 = Rs.160 Thus, SP = CP - Loss = Rs.640 - Rs.160 = Rs.480