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.