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  1. 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
    1. $ 812
    2. $ 800
    3. $ 790
    4. $ 784
Correct Option: D

Given that , SP of the article = $ 665
On 5% loss ,

CP of the article =
100
× S.P.
100 - Loss%

CP of the article
= $
100
× 665 = $ 700
95

For the gain of 12%
SP of the article = 112% of 700
SP of the article =
700 × 112
= $ 784
100



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