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By selling an article for ₹820, Abhi loo...

By selling an article for ₹820, Abhi looses 18%. To gain 25.5%, he should sell it for:

A

₹1,260

B

₹1,275

C

₹1,255

D

₹1,250

Text Solution

AI Generated Solution

The correct Answer is:
To solve the problem step by step, we need to find the cost price of the article first and then calculate the selling price required to achieve a gain of 25.5%. ### Step 1: Identify the Selling Price and Loss Percentage - Given Selling Price (SP) = ₹820 - Loss Percentage = 18% ### Step 2: Calculate the Cost Price (CP) The formula to find the cost price when the selling price and loss percentage are known is: \[ CP = \frac{SP \times 100}{100 - \text{Loss Percentage}} \] Substituting the values: \[ CP = \frac{820 \times 100}{100 - 18} \] \[ CP = \frac{820 \times 100}{82} \] ### Step 3: Perform the Calculation Calculating the above expression: \[ CP = \frac{82000}{82} \] \[ CP = 1000 \] So, the Cost Price (CP) is ₹1000. ### Step 4: Calculate the Selling Price for Desired Gain Now, we need to find the selling price that gives a gain of 25.5%. The formula for selling price when the cost price and gain percentage are known is: \[ SP = CP \times \left(1 + \frac{\text{Gain Percentage}}{100}\right) \] Substituting the values: \[ SP = 1000 \times \left(1 + \frac{25.5}{100}\right) \] \[ SP = 1000 \times \left(1 + 0.255\right) \] \[ SP = 1000 \times 1.255 \] ### Step 5: Perform the Calculation Calculating the above expression: \[ SP = 1255 \] ### Conclusion To gain 25.5%, Abhi should sell the article for ₹1255. ---
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