A person sells an article at 16% below its cost price. Had he sold it for Rs.33 more, he would have gain 14%. To gain 25%, he should sell the article for?
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2 i.e. Rs 137.5
30% = 33
10% = 11
100% = 110
(1/4) × 110 = 27.5
Selling price of the article to gain 25% = 110 + 27.5
= 137.5