Suhas sold an item for Rs.7500 and incurred a loss of 25%. At what price, should he have sold the item to have gained a profit of 25%?
Pick:
A) Rs.13800
B) Rs.12500
C) Rs.11200
D) Cannot be determined
E) None of these
Explanation:   255 loss means that Rs.7500 is 75% of CP.   Therefore, CP = 7500x100/75 = Rs.10000.   25% of Rs.10000 = Rs.2500.   To get a gain of 25%, the SP should be = Rs.10000+2500 = Rs.12500   Answer: Option Rs.12500
<result>B</result>
Suhas sold an item for Rs.7500 and incurred a loss of 25%. At what price, should he have sold the item to have gained a profit of 25%?