Ramendra purchased some watermelons for ₹1,500. He sold one-fourth of them at a loss of 12%. At what gain percentage should the remaining watermelons be sold so as to gain 25% on the whole transaction (correct to two decimal places)?
Show answer & explanation
Correct answer: A
Explanation
The correct answer is option 1 i.e. 37.33%.
SP of whole watermelones = (125/100) × 1500 = 1875
CP of 1/4th of watermelons = 1500/4 = 375
SP of 1/4th part = (88/100) × 375 = 330
Remaining part = 1500 - 375 = 1125
SP of remaining part = 1875 - 330 = 1545
Required percentage (approx)
Therefore, the remaining watermelons will be sold at 37.33%.