The profit earned by selling an article for ₹ 900 is double the loss incurred when the same article is sold… · ABC26GN2645

Subject: General Aptitude · Chapter: Profit and Loss

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.

Study loop for Profit and Loss

1. Practise the PYQsPrevious-year questions, with answers

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