On selling a mobile for Rs.3,825 a man loses 15%. For how much should he sell it to gain 12%?
Show answer & explanation
Correct answer: A
Explanation
The correct answer is option 1 i.e. Rs.5,040.
Selling Price with 15% loss = ₹3,825
Let Cost Price (CP) = x
SP =
⇒
Cost Price = ₹4,500
Selling Price for 12% gain ( SP) = ₹5,040