Multiple choice

A man sold a wristwatch for Rs. 2,400 at a loss of twenty five percent. At what rate should he have sold the wristwatch to earn a profit of twenty five percent?

  1. Rs. 3,600

  2. Rs. 4,000

  3. Rs. 3,500

  4. Rs. 3,800
Reveal answer Fill a bubble to check yourself
B Correct answer
Explanation

Cost price = 2400 / 0.75 = 3200. Selling price for 25% profit = 3200 * 1.25 = 4000.

AI explanation

The cost price is found by dividing the selling price of Rs. 2400 by 0.75, resulting in Rs. 3200. To achieve a 25 percent profit, the new selling price must be 125 percent of the cost price. Multiplying Rs. 3200 by 1.25 gives the required selling price of Rs. 4000.

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