On selling an article for Rs. 984, Arun loses 18%. In order to gain 15%, he must sell it for:
- ARs. 1,440
- BRs. 1,132
- CRs. 1,265
- DRs. 1,380
Solution & Step-by-step Explanation
Let the cost price (CP) of the article be 100%.
When Arun loses 18%, the selling price (SP
1
) is:
SP
1
=100%−18%=82%
Given that SP
1
=Rs. 984:
82%→984
1%→
82
984
=12
To gain 15%, the new selling price (SP
2
) must be:
SP
2
=100%+15%=115%
Therefore, the required selling price is:
SP
2
=115×12=Rs. 1,380
When Arun loses 18%, the selling price (SP
1
) is:
SP
1
=100%−18%=82%
Given that SP
1
=Rs. 984:
82%→984
1%→
82
984
=12
To gain 15%, the new selling price (SP
2
) must be:
SP
2
=100%+15%=115%
Therefore, the required selling price is:
SP
2
=115×12=Rs. 1,380