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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?
  • a)
    Rs. 2000
  • b)
    Rs. 2200
  • c)
    Rs. 2400
  • d)
    Data inadequate
Correct answer is option 'C'. Can you explain this answer?
Verified Answer
The percentage profit earned by selling an article for Rs. 1920 is equ...
Explanation:
Let C.P. be Rs. .
Then, 
Required S.P. of Rs.
Rs.
= Rs. 2000
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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?a)Rs. 2000b)Rs. 2200c)Rs. 2400d)Data inadequateCorrect answer is option 'C'. Can you explain this answer?
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