After increasing the selling price of an article by 25%, the new price of the article becomes Rs. 250.…
Since a 25 percent increase gives Rs. 250, the original price is \(\frac{250}{1.25} = 200\). A 25 percent discount on 250 gives \(0.75\times250 = 187.5\), which is Rs. 12.50…
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After increasing the selling price of an article by 25%, the new price of the article becomes Rs. 250. Now a discount of 25% is offered on the new price. What would be the profit or loss in percentage on the original price.
Answer and explanation
Correct answer B
Since a 25 percent increase gives Rs. 250, the original price is . A 25 percent discount on 250 gives , which is Rs. 12.50 below the original. The loss is ; "loss of 12.5%" mistakes the rupee loss for a percentage.
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