Multiple Choice Questions on A dealer sold a Radio at a loss of 2 5 Had he sold it for Rs 100 more he would have gained 7 5 To ga........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

A dealer sold a Radio at a loss of 2 5 Had he sold it for Rs 100 more he would have gained 7 5 To ga...........

Quant (SSC) Profit and loss
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    A dealer sold a Radio at a loss of 2.5%. Had he sold it for Rs. 100 more, he would have gained 7.5%. To gain 12.5% he should sell it for :

    Rs 2200

    Incorrect Answer

    Rs 1000

    Incorrect Answer

    Rs 1100

    Incorrect Answer

    Rs 1125

    Correct Answer
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    Explanation:

    Let C.P be Rs.x then,(107.5 % of x) – (97.5 % of x) = 100
    => 10% of x = 100
    => x =1000
    ∴ desired S.P = 112.5 % of Rs. 100
    = Rs.(225/2 x 1/100 x 1000) =Rs. 1125

    By: Amit Kumar
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