Home
Class 14
MATHS
A trader sells an article at Rs. 3200 wi...

A trader sells an article at Rs. 3200 with `20%` loss. What will be the selling price of article if trader gains `25%` ?

A

A)Rs. 5000

B

B)Rs. 3500

C

C)Rs. 4000

D

D)Rs. 4700

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, we will first find the cost price (CP) of the article based on the selling price (SP) given with a loss, and then we will calculate the new selling price when there is a gain. ### Step 1: Understand the Loss The trader sells the article at Rs. 3200 with a 20% loss. This means that the selling price (SP) is 80% of the cost price (CP). ### Step 2: Set Up the Equation Let the cost price (CP) be represented as 100%. Since the trader sells at a 20% loss, the selling price can be represented as: \[ SP = CP - (20\% \text{ of } CP) = 80\% \text{ of } CP \] Thus, we can write: \[ 3200 = 0.8 \times CP \] ### Step 3: Calculate the Cost Price To find the cost price (CP), we rearrange the equation: \[ CP = \frac{3200}{0.8} \] Calculating this gives: \[ CP = 4000 \] ### Step 4: Calculate the New Selling Price with Gain Now, we need to find the selling price when the trader gains 25%. This means the new selling price (SP2) will be: \[ SP2 = CP + (25\% \text{ of } CP) = 125\% \text{ of } CP \] So we can write: \[ SP2 = 1.25 \times CP \] ### Step 5: Substitute the Cost Price Now substituting the value of CP we found: \[ SP2 = 1.25 \times 4000 \] Calculating this gives: \[ SP2 = 5000 \] ### Final Answer The selling price of the article if the trader gains 25% is Rs. 5000.
Promotional Banner

Similar Questions

Explore conceptually related problems

By selling an article for Rs. 320, a man incurs a loss of 20%. What should be the selling price of an article to gain 20% ?

If cost price of an article is Rs.220 andprofit is 20%, then what will be the selling price of the article ?

Aman buys an article for Rs. 3,200 and sells it at a loss of 12%. What is the selling price of the article?