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    Question

    An article is sold for ₹ 1725 at 15% profit. If it is

    sold at 15% loss, then what will be the selling price?
    A ₹1025 Correct Answer Incorrect Answer
    B ₹1275 Correct Answer Incorrect Answer
    C ₹1325 Correct Answer Incorrect Answer
    D ₹1475 Correct Answer Incorrect Answer

    Solution

    Selling price = Rs. 1725, Profit = 15% ⇒ Selling price = cost price × (100 + profit)% ⇒ 1725 = cost price × 115% ⇒ Cost price = 1500 ⇒ If loss = 15% ⇒ Selling price = cost price × (100 – loss)% ⇒ Selling price = 1500 × 85% ⇒ Selling price = Rs. 1275 ∴ The selling price will be Rs. 1275.

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