Multiple Choice Questions on The percentage profit earned by selling an article for Rs 1920 is equal to the percentage loss........... for Mathematics - All Exams Preparation

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Multiple Choice Questions

The percentage profit earned by selling an article for Rs 1920 is equal to the percentage loss...........

Quantitative Aptitude ( CCS) Profit and loss
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     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?

    2000

    Correct Answer

    2200

    Incorrect Answer

    2400

    Incorrect Answer

    Data Inadequate

    Incorrect Answer
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    Explanation:

    Let C.P. be Rs. 'x'.

    Then,

    (1920 - x)/x * 100 = (x - 1280)/x * 100

    1920 - x = x - 1280

    2x = 3200

    x = 1600

    Required S.P. = 125% of Rs. 1600 = Rs. 2000

    By: Deepak Dawra
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