A multi-store outlet sold 1375 items in a week earning 25% gain. The gain is also equal to the selling price of ‘Q’ number of items. What is the value of Q?
Show answer & explanation
Correct answer: A
Explanation
The correct answer is option 1 i.e. 275.
Let the selling price of the items be Rs 1375.
Now, CP = SP
⇒ CP = 1375 × 100/125
⇒ CP = 1100
Now, number of items = Gain
⇒ 1375 - 1100 275