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?
Open in App
Solution
Verified by Toppr
Let C.P = x. If S.P= Rs 1920 ⇒ profit % = profitC.P×100
Thus, profit % = 1920−xx×100
If S.P = Rs 1280, loss % - lossC.P×100=(x−1280)x×100
From the question
1920−xx×100=x−1280x×100
1920−x=x−1280
2x=1920+1280=3200⇒x=32002=1600
∴ required S.P = 125% of Rs 1600 = 125100×1600=Rs2000
Was this answer helpful?
6
Similar Questions
Q1
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?
View Solution
Q2
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?
View Solution
Q3
Profit earned by selling an article for Rs. 1,060 is 20% more than the loss incurred by selling the article for Rs. 950. At what price should the article be sold to earn 20% profit?
View Solution
Q4
The profit earned by selling an article for Rs. 900 is double the loss incurred when the same article is sold for Rs. 450. At what price should the article be sold to make 25% profit?
View Solution
Q5
Profit earned by selling an article for Rs. 1060 is 20% more than the loss incurred by selling the article for Rs. 950. At what price should the article be sold to earn 20% profit?