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By selling an article for $ 665, there is a loss of 5%. In order to make a profit of 12%, the selling price of the article must be
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- $ 812
- $ 800
- $ 790
- $ 784
Correct Option: D
Given that , SP of the article = $ 665
On 5% loss ,
CP of the article = | × S.P. | 100 - Loss% |
CP of the article = $ | × 665 | = $ 700 | ||||
95 |
For the gain of 12%
SP of the article = 112% of 700
SP of the article = | = $ 784 | 100 |