ABC26GN2645 · Profit and Loss

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

The profit earned by selling an article for ₹ 900 is double the loss incurred when the same article is sold for ₹ 450. At what price should the article be sold to make 25\% profit?

(a)₹ 600

(b)₹ 750

(c)₹ 800

(d)Data inadequate

Answer

Answer (as printed): B

Explanation

Let C.P. $=₹ x$. Then, $900-x=2(x-450)$ $$\begin{aligned} & \Rightarrow 3 x=1800 \Rightarrow x=600 . \\ & \therefore \text { Required S.P. }=125 \% \text { of } ₹ 600=₹\left(\frac{125}{100} \times 600\right)=₹ 750 . \end{aligned}$$

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

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