Rohan buys an article at a discount of 25%. At what percentage above the cost price should he sell it to make a profit of 25% over the original price?
A68.5 %
B67.5 %
C65.5 %
D66.67 % ✓ Correct
Correct answer: (D) 66.67 %
Explanation
He must sell at 66.67% above cost price.
Take original price = 100; a 25% discount makes his cost 75.
A 25% profit on the original price means selling at 125.
Gain over cost = 125 - 75 = 50.
50/75 x 100 = 66.67%.
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