Multiple choice

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?

  1. Rs. 2000

  2. Rs. 2200

  3. Rs. 2400

  4. Data inadequate

  5. None of these

Reveal answer Fill a bubble to check yourself
A Correct answer
Explanation

Let C.P. be Rs. x. Then, 1920 - x = x - 1280 2x = 3200 x = 1600 So, required S.P. = 125% of Rs. 1600 = Rs. 125 x 16 = Rs. 2000.