Question

    If there is a loss of 20% on selling the article at 12/25 of the original selling price then what will be the percentage profit after selling the article at original selling price?

    A 62.22% Correct Answer Incorrect Answer
    B 63.33% Correct Answer Incorrect Answer
    C 66.66% Correct Answer Incorrect Answer
    D 33.33% Correct Answer Incorrect Answer

    Solution

    Let the original selling price be Rs. 25x New selling price = (12/25) × 25x = Rs. 12x Now, cost price of the article = 12x/0.8 = Rs. 15x Required profit percent = [(25x – 15x)/15x] × 100 = 66.66%

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