Profit and loss

Quantitative Aptitude ( CCS)

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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

2200

2400

Data Inadequate

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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