Correct Answer - Option 2 : ₹ 810
Given:
A cloth of piece was purchased for Rs. 700.
Tailoring charge = Rs. 20
Formula used:
Profit% = {(SP - CP)/CP} × 100
Calculation:
A cloth of piece was purchased for Rs. 700.
Tailoring charge = Rs. 20
Total CP = 700 + 20 = Rs. 720
Profit% = {(SP - CP)/CP} × 100
⇒ 12.5 = {(SP - 720)/720} × 100
⇒ 90 = SP - 720
⇒ SP = 810
∴ Seliing price should be Rs. 810.