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  1. If a man were to sell his wristwatch for $ 720, he would lose 25%. What price must he sell at for to gain 25 %?
    1. $ 960
    2. $ 900
    3. $ 1000
    4. $ 1200
Correct Option: D

Given that , S.P. of wrist watch = $ 720
For 25% loss ,

∴ C.P. of wrist watch =
S.P. of wrist watch × 100
100 - Loss %

C.P. of wrist watch =
720 × 100
= $ 960
75

On 25% gain ,
∴ Required S.P. =
960 × 125
= $ 1200
100



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