Multiple choice

A dealer sold a radio at a loss of 2.5%. Had he sold it for Rs. 120 more, he would have gained 7.5%. In order to gain 12.5% after a 25% discount, the marked price should be:

  1. 1750

  2. 1800

  3. 1857.75

  4. 1925

  5. None of these

Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Selling at 2.5% loss: 0.975C. For 7.5% gain: 1.075C = 0.975C + 120, so C = 1200. For 12.5% profit after 25% discount: 0.75M = 1.125(1200), M = 1800. Option B is correct.