Correct option is C
Given:
Gain = 25%
Loss = 15%
Difference in amount = ₹800
Solution:
Let the cost price of the furniture be ₹ x.
Selling price when the man sells at a 25% gain:
Selling Price at 25% gain = = 1.25x
Selling price when the man sells at a 15% loss:
Selling Price at 15% loss = = 0.85x
According to the problem, the difference between the two selling prices is ₹800:
1.25x - 0.85x = 800
0.40x = 800
x = 800 / 0.40 = 2000
The cost price of the furniture is ₹ 2000.