By selling an article for ₹ 640, a person losses 15% of its selling price. At what price (in ₹) should he sell it to gain 15% on its cost price?
Show answer & explanation
Correct answer: B
Explanation
The correct answer is Option 2 i.e 846.40.
Here the selling price = ₹ 640.
According to the question a person losses 15% of their selling price.
Cost price of the article = 640 × = ₹ 736.
Now the person wants to gain 15% of its cost price.
New selling price = 736 × = ₹ 846.40.