Goods costing Rs 900 are sold to gain 20% on the selling price. The selling price is:
Q1. Goods costing Rs 900 are sold to gain 20% on the selling price. The selling price is:
Answer: Rs 1125
Explanation: A 20% gain on selling price means cost is 80% of the selling price. Selling price equals 900 divided by 0.80, which is Rs 1125.