Question

Question 57.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?

• A. (a) Rs. 2000
• B. (b) Rs. 2200
• C. (c) Rs. 2400
• D. (d) Data inadequate

Answer 1

The correct option is A

(a) Rs. 2000

Answer 57. (a)
Explanation:
Let C.P. be Rs. x.
Then, (1920 - x/x)* 100 =((x - 1280/x)* 100

1920 - x = x - 1280
2x = 3200
x = 1600
Required S.P. = 125% of Rs. 1600 = Rs. (125*1600)/100 = Rs 2000.