Question

The profit earned by selling an article for Rs. 832 is double the loss incurred when the same articles is sold for Rs. 448.
At what price should the artricle be sold to earn a profit of 50%?

• A. Rs. 920
• B. Rs. 960
• C. Rs. 1060
• D. Rs. 1200
• E. None of these

Answer 1

The correct option is E

None of these

Let C.P = Rs. x.

Then, 2(832 – x) = x – 448 ⟹ 3x = 2112 ⟹ x = 704

$RequiredS.P=150\%ofRs.704=Rs.\frac{150}{100}\times 704=Rs.1056$