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Discussion

The percentage profit earned by selling an article for \(Rs. 2120\) is equal to the percentage loss incurred by selling the same article for \(Rs. 1520.\) At what price should the article be sold to make \(25\)% profit?

  • A.Rs 2275
  • B.Rs 2650
  • C.Rs 2400
  • D.Rs 2100

Answer: A

The Cost Price be

\(2120 + 1500 = 3640\)

\(\frac{3640}{2} = 1820.\)

Selling Price \(= \frac{1820 \times 125}{100} = \frac{1820 \times 5}{4}\)

\(= Rs 2275\)

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