The profit earned by selling an article of Tk. 900 is double the loss incurred when the same article is sold for Tk. 450. At what price should the article be sold make 25% profit?
A
Tk. 600
B
Tk. 800
C
Tk. 750
D
None of these
Correct Answer: Tk. 750
Hints: Let cost price be tk. x 900 - x = 2 ( x - 450) x = 600 tk Cost price = 600 gain required is 25% Sells price = [ (100 + 25) ×600] /100 = Tk. 750