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At what price should the article be sold to make 25% profit?

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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?

posted Jan 10, 2016 by Swati Arora

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1 Answer

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Let CP be x
so
1920-x / x = x-1280 / x
x = 1600
% profit = (gain / x) * 100
25 = (gain / 1600) * 100
gain = 400
so,
The article must be sold at 1600+400=Rs. 2000

answer Jan 12, 2016 by Jaspalsingh Parmar
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