Question

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 a 25% profit?

• A. $Rs.2000$
• B. $Rs.2200$
• C. $Rs.2400$
• D. Data inadequate
• E. None of these

Answer 1

The correct option is A $Rs.2000$

Let price$=x$

$1920-x=x-1280$

$2x=3200$

$x=1600$

Now, for profit of $25\%$

$1600+\frac{25}{100}=400$

$\therefore$ Net price$=1600+400$

$=2000/2$.