A man sells a table for Rs 4200 at 25 loss At what price must he sell to get a profit of 25 ........

Quantitative Aptitiude (CLAT) Profit and loss

A man sells a table for Rs 4200/- at 25% loss. At what price must he sell to get a profit of 25%?

1400

8400

7000

5600

Cost Price of the table = 4200 / (1 - 1⁄4)
= (4200 * 4) / 3
= Rs 5600/-
Selling Price to fetch a profit of 25% = 5600 ( 1 + 1⁄4) = 1400 * 5
= Rs 7000

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