A shopkeeper bought 120 quintals of wheat. 20% of it was sold at 25% loss. At what percent shopkeeper should sell the rest to gain 25% on the whole transcation ?
Show answer & explanation
Correct answer: C
Explanation
The correct answer is option 3 ie 37.5
120 quintals in 5 parts = 24 quintals each
x = (50/4) = 12.5%
25 + x = 37.5%