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Discussion :: Profit and Loss

  1. The percentage profit earned by selling an article for Rs. 1920 is equal to the percentage loss incurred by selling the same article for Rs. 1280. At what price should the article be sold to make 25% profit?
    2. A.

    Rs. 2000
    B.

    Rs. 2200
    C.

    Rs. 2400
    D.

    Data inadequate

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    Workspace

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    Answer : Option A

    Explanation :

    Let C.P. be Rs. x.

     

    Then,\(\frac { 1920-X } {X }\)   x 100 =\( \frac {X -1280 } { X } \)   x 100
       

     

      1920 - x = x - 1280

     

      2x = 3200

     

       x = 1600

     

     Required S.P. = 125% of Rs. 1600 = Rs.   \( \frac { 125 } { 100 }\)x 1600 = Rs 2000.
     

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