Multiple choice

A shopkeeper has two jackets and one of them is of bad quality. The cost price of the bad quality jacket is twice of the other. He sells the jacket of bad quality at 10% loss. Now, at what rate should he sell the other jacket so that overall he gains 25%?

  1. Rs. 180

  2. Rs. 195

  3. Rs. 200

  4. Rs. 215

  5. Rs. 230
Reveal answer Fill a bubble to check yourself
B Correct answer
AI explanation

Let the cost price of the good jacket be Rs. 100, making the bad jacket Rs. 200 and the total cost Rs. 300. The bad jacket is sold at a 10 percent loss for Rs. 180, and to gain 25 percent overall, the total selling price must be 1.25 x 300 = Rs. 375. Therefore, the good jacket must be sold for 375 - 180 = Rs. 195, which corresponds to a required selling price of Rs. 195 based on the ratio.

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