By reducing the selling price of an article by ₹900, a profit of 25% turns into a loss of 5%. The original selling price of the article (in ₹) is:
Show answer & explanation
Correct answer: C
Explanation
The correct answer is option 3 i.e. 3,750.
Let CP = 100
SP = 125
New SP = 95
Difference = 125 - 95 = 30
CP = (100 × 900)/30 = 3000
Original SP = 3000 × (125/100) = 3750