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Discussion :: IBPS BANK EXAM TEST 5

  1. Mehul sold an item for Rs.5625 and incurred a loss of 25%. At what price should he have sold the item to have gained a profit of 25% ?
  2. A.

    Rs. 9375

    B.

    Rs. 10500

    C.

    Rs. 8250

    D.

    Cannot be determined

    E.

    None of these

    View Answer

    Workspace

    Answer : Option A

    Explanation :

    C.P of article = 5625 * 100/75

    = Rs. 7500

    S.P for gain of 25%

    = 7500*125/100 = Rs. 9375


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