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    Question

    By selling a pair of shoes for Rs.840, the gain is 20%.

    If the gain is reduced to 15%, find the resultant selling price (in Rs.).
    A 765 Correct Answer Incorrect Answer
    B 785 Correct Answer Incorrect Answer
    C 805 Correct Answer Incorrect Answer
    D 835 Correct Answer Incorrect Answer

    Solution

    CP =840 1.20 = 700 The new selling price (SP') with a 15% gain: SP'= 700 x 1.15 = 805 selling price is Rs. 805.

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