ABC26GN2644 · Profit and Loss

Subject: General Aptitude · Chapter: Profit and Loss · Exam: · Marks: · Difficulty:

The profit earned by selling an article for ₹ 832 is equal to the loss incurred when the same article is sold for ₹ 448. What should be the sale price for making 50\% profit?

(a)₹ 920

(b)₹ 960

(c)₹ 1060

(d)₹ 1200

(e)None of these

Answer

Answer (as printed): B

Explanation

Let C.P. $=₹ x$. Then, $832-x=x-448$ $$\begin{aligned} & \Rightarrow 2 x=1280 \Rightarrow x=640 . \\ & \therefore \text { Required S.P. }=150 \% \text { of ₹ } 640=₹\left(\frac{150}{100} \times 640\right)=₹ 960 . \end{aligned}$$

Explanation as extracted from the printed page; notation may be imperfect.

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