When an article is sold for ₹948, there is a loss of 21%. To gain 23%, it should be sold at (in₹):
Show answer & explanation
Correct answer: D
Explanation
The correct answer is option 4 i.e. 1,476.
Cost price(CP) = = = ₹1200
To gain 23%, Selling Price = 1200 × = 12 × 123 = ₹1,476