The CP of an article is Rs.7,000. By selling it, a person gains 10%. How much should the person sell it for to get a gain of Rs.50 more?
Show answer & explanation
Correct answer: B
Explanation
The correct answer is option 2 i.e. Rs.7,750.
Current gain = 10% of 7000 = Rs.700
New gain = 700 + 50 = Rs.750
New SP = CP + new gain = 7000 + 750 = Rs.7750