The percentage profit earned by selling an article for Rs. 1620 is equal to the percentage loss ...
The percentage profit earned by selling an article for Rs. 1620 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?
Answer/Solution
1812.5
Steps/Work
C.P. be Rs. x.
Then, (1620 - x)/x * 100 = (x - 1280)/x * 100
1620 - x = x - 1280
2x = 2900 => x = 1450
Required S.P. = 125 % of Rs. 1450 = 125/100 * 1450 = Rs. 1812.5.
ANSWER B
Then, (1620 - x)/x * 100 = (x - 1280)/x * 100
1620 - x = x - 1280
2x = 2900 => x = 1450
Required S.P. = 125 % of Rs. 1450 = 125/100 * 1450 = Rs. 1812.5.
ANSWER B