If a man were to sell his handcart for Rs. 720, he would loss 25%. To gain 25%, the selling price is\ |
A) Rs. 960
B) Rs. 1200
C) Rs. 1000
D) Rs. 2100
Correct Answer: B
Solution :
Selling price = Rs. 720 |
Cost price \[=\frac{\text{SP}\times 100}{100-25}=\frac{720\times 100}{75}=\text{Rs}\text{. 960}\] |
Now, \[\text{SP}=\frac{960\times 125}{100}=\text{Rs}\text{. 1200}\] |
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