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Discussion :: IBPS BANK EXAM TEST 7

  1. Suhas sold an item for Rs. 7500 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. 13800
    B.

    Rs. 12500
    C.

    Rs. 11200
    D.
    Cannot be determined
    E.

    None of these

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    Workspace

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    Answer : Option B

    Explanation :

    C.P. of article = 7500 * (100/75) = Rs. 10000

    S. P for a gain of 25%  = (10000 * 125)/100  = Rs. 12500

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