What will be the Selling Price If he want to 25% gain?

If a man were to sell his hand-cart for Rs. 720, he would lose 25%. At what price must he sell it to gain 25%?

  1. Rs.1152
  2. Rs. 768
  3. Rs.1200
  4. Rs.960
Monis Rasool Professor Asked on 21st November 2015 in Maths.
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1 Answer(s)

Answer: (3) Rs. 1200

Explanation:-
If a man were to sell his hand-cart for Rs. 720, he would lose 25%.
Then, the cost price of hand-cart = 720 x 100/75
 = 720 x 4/3
 = 240 x 4
 = Rs. 960 
He sell it to gain 25%.
Then, the selling price = 960 x 125/100
 = 960 x 5/4
 = 240 x 5
 = Rs. 1200

Hence, the answer is (3) Rs. 1200. 

Anurag Mishra Professor Answered on 21st November 2015.
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