Multiple choice

The profit percent earned by selling an article for Rs. 1920 is equal to the loss percent earned by selling the same article for Rs. 1280. At what price should he sell the article so that profit earned is 30%?

  1. Rs.2000

  2. Rs.2400

  3. Rs.2280

  4. Rs.2080

  5. Rs.2580
Reveal answer Fill a bubble to check yourself
D Correct answer
Explanation

Since profit percent at Rs.1920 equals loss percent at Rs.1280, the cost price must be exactly midway: (1920 + 1280) ÷ 2 = Rs.1600. To earn 30% profit, selling price = 1600 × 1.3 = Rs.2080. Option A (Rs.2000) would give a 25% profit, not 30%. Option B (Rs.2400) represents a 50% profit. Option C (Rs.2280) would be approximately 42.5% profit, which doesn't match the requirement.

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