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#1 2015-04-16 07:06:49
Profit And Loss:
Question:
If a man were to sell his chair for Rs. 720, he would lose 25%. To gain 25% he should sell it for:
Option A):
Rs. 1,200
Option B):
Rs. 960
Option C):
Rs. 900
Option D):
Rs. 1,000
Correct Answer is Option A):
Rs. 1,200
Explanation:
CP of chair = (100/75)*720 = Rs. 960;
To gain 25%, SP = (125/100)*960 = Rs. 1200.
Failure is the first step towards seccess.
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2015-04-16 07:06:49
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