### If a man were to sell his chair for Rs. 720, he would lose 25%. To gain 25% he should sell it for:

A. Rs. 1,200 B. Rs. 1,000 C. Rs. 960 D. Rs. 900 Answer: Option A

### Solution(By Apex Team)

Let the Cost price of the Chair is X. SP = X – 25% of X 720 = 0.75X X = 960 CP = Rs. 960 So, To gain 25%, SP would be = 960 + 25% of 960 =Rs. 1200 Short-cut CP of chair = $\frac{100}{75}$ × 720 = Rs. 960 To gain 25%, SP = $\frac{125}{100}$ × 960 = Rs. 1200

## Related Questions on Profit and Loss

A. 45 : 56
B. 45 : 51
C. 47 : 56
D. 47 : 51

A. Rs. 2600
B. Rs. 2700
C. Rs. 2800
D. Rs. 3000

### A sells an article to B at a profit of 10% B sells the article back to A at a loss of 10%. In this transaction:

A. A neither losses nor gains
B. A makes a profit of 11%
C. A makes a profit of 20%
D. B loses 20%