The profit earned by selling an article for Rs.832 is equal to the loss incurred when the same article is sold for Rs.448. What should be the sale price for making 50% profit?
Rs.920
Rs.960
Rs.1060
Rs.1200
A
Rs.1200
B
Rs.960
C
Rs.920
D
Rs.1060
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Solution
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Let profit is x and loss is x
Then⇒832−x=448+x
⇒−2x=−384
⇒x=−384−2=192Rs.
∴cost price of article=832−192=640Rs.
S.PofArticle=640×150100=960Rs.
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