SSC CHSL 15 Nov 2015 Shift 2 Paper

Question : 141 of 200

Marks: +1, -0

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

Solution:

Selling price = Rs. 720
Loss % = 25%
⇒ Cost price =

720/(100−25) ×100

720 × 4/ 3 = Rs. 960

Profit % = 25%
⇒ Selling price =

960 + ( 25 /100 × 960)

960 + 240 = Rs 1200

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